The Mechanism for Paying Bonds

As you know, paying the bond is an option for you who have a high bail that you can’t afford in direct cash. Anyhow, it doesn’t mean that cash is the only option to pay bonds. Nowadays, bail bond offices allow multiple payment methods for the clients.
In practice, posting bonds can be very straightforward. You come to a bail bond office to seek their service. They will do a thorough assessment of the case before agreeing to take the client. After signing the contract to finalize the agreement, the bondsman will pay the full bail to the court in the defendant’s name.

Methods to Pay Bonds
• Cash
Technically, you only need to pay a fraction of the bail amount to the bondsman. However, it doesn’t mean that it’s the only thing that you need to pay. At the end of the day, you must put in collateral equal to or greater than the bail.
Anyhow, several bond offices offer financing options where you pay the full bail directly to the bondsman through installments. This can be a solution since the justice system requires the defendant to pay cash in full.

• Installments
Several bond offices work with financing services to offer you flexible payments on the bail. It helps the defendants who have financial issues and they can’t pay the bail in full or offering strong collateral. The flexible payments mean they can choose between the available plan, whether it’s weekly, biweekly, or even a monthly installment.

• Check
A personal check counts as a legit payment method, including to pay bonds. Anyhow, keep in mind that a check may bounce when there is not enough fund. While it depends on how they run their business, it’s common for a bond office to cash their checks every day.

• Real estate liens and bonds
First of all, the bonds here refer to the stock options and bonds. Anyhow, real estate and bonds are more common as collateral than a direct bond payment.
But keep in mind that when the defendant fails to appear in court, the bond office can repossess the property. Other assets that also work as collateral include jewelry and luxury possessions.

• Wire Transfer
Even though a bank transfer can take a while, you also can pay bonds using wire transfer. This method is great for defendants who request help from their friends or family members who live in another state.

• Debit or Credit Card
Another common payment option is using debit or credit card. And with a bond office, you can choose between paying the full bail amount or only the service charge with collateral. Anyhow, don’t forget to double check if you still have funds in your cards.

Paying bonds is only getting easier these days. With the help of the bonds office, you can pay the bail bonds in a safe and secured way. The sooner you pay your bail, the sooner your case will be resolved. And the various payment methods also help you, who may not have enough cash to pay the bill directly.