One of the options available for securing Bail Bonds in Mansfield TX is using a deposit. When this is done, it’s important the person securing the bond understands how it works and what the risks may be. They should direct any questions to the bondsman to make sure they fully understand deposits before securing the bond.
Deposit is Paid Before Bond is Secured
The deposit will need to be paid in full before the bond can be secured. The deposit is generally around 10% of the full bail amount, so if the person securing the bond knows the bail amount, they can get a good idea of how much the deposit will be before speaking with a bondsman. If they are not sure what the bail amount is, the bondsman will be able to look this up for them. The bondsman may accept various payment types for the deposit, but it’s always a good idea to check what is accepted ahead of time.
If the Bond is Completed
If the arrested person attends all of their hearings and follows all terms of the bond, the bond will be completed and the person securing the bond will not be required to pay anything further. In most cases, they will not receive the deposit back, as the deposit is the service fee for the bondsman. Once the bond is completed, there is no further risk for the person securing the bond.
If the Bond is Revoked
If the bond is revoked for any reason, the person securing the bond is responsible for paying the remaining portion of the bail. The bondsman can explain how much is owed, methods of paying the remaining amount, and the deadline for repayments. They can also answer any questions about why the bond was revoked or other questions about the repayment of the full bail amount.
If your loved one has been arrested, you have options for how to obtain Bail Bonds in Mansfield TX to help the loved one. Before using a deposit or collateral, make sure you speak with Your Local Bail Bond Experts and learn more about what to expect. This way, you know what can happen and how it might impact you.
