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West Plains, MO 65775
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Bail Bond Agents Explain Whether Release Money Is Refundable November 22, 2017

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Bail Bond Agents Explain Whether Release Money Is Refundable, West Plains, Missouri

At some point, you might need the services of a bail bond agent. After someone is sent to jail, the professional works with their loved ones to ensure a speedy release. So the person can be freed, the agent pledges money or property as an insurance policy that the accused will show up for their court date. According to the professionals at Nicholas Bail Bonds in West Plains, MO, whether the money is returned afterward depends on the type of bond issued. 

3 Common Bonds & the Question of Refunds 

Surety Bond

bail bond agentThis is one of the most affordable bond options, as it allows the person posting bail to only pay the bail bond agent a fraction of the complete amount. The premium covers the cost of the professional’s time, services, and efforts to ensure the defendant shows up for court appearances and is therefore non-refundable  

Cash Bond

If a cash bond was given, this means the entire bail amount was paid in one lump sum. Whether this money is returned depends on the defendant’s actions. If the accused fails to show up for court appearances or gets arrested again while out on bail, the money is forfeited. Assuming this doesn’t happen, the funds will be returned.

Property Collateral 

If property was used for bail collateral, monetary refunds are treated similarly to cash returns. If the defendant fails to follow the instructions given by the court, the real estate will be seized. 

If you need the assistance of a bail bond agent in Southern Missouri, the professionals at Nicholas Bail Bonds are available to offer service 24/7. To learn more about their confidential, discreet solutions and legal offerings, call (417) 255-1109 today. You can also visit them online to discover how they will assist with your legal issues, and like them on Facebook for additional information.

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