Being arrested can be an overwhelming and terrifying experience, not only for the individual being arrested but also for their loved ones. After an arrest, one of the biggest concerns is how to afford bail bond services. Fortunately, Indiana has several options for affordable bail bonds that can help secure your freedom. In this blog post, we will explore some of the affordable bail options available in Indiana and how a licensed bail bonds agent can help.
Cash Bail
Cash bail is the most straightforward bail option available in Indiana. It requires the full bail amount to be paid upfront in cash. The amount of cash bail varies depending on the severity of the crime committed. However, paying cash bail is only sometimes possible for people with readily available funds. Hoosiers without cash can use third-party lenders to pay cash bail, which can come with high-interest rates.
Surety Bonds
A surety bond is a bail bond that a third-party bail bonds agent provides. The bail bondsman pays the full amount of the bail, and the individual being arrested pays a percentage of the bond, usually around 10% of the bail amount. The money paid to the agent is non-refundable and is their fee for taking on the risk. Indiana regulates bail bond companies, so it’s essential to research and choose a reputable bail bond company.
Property Bonds
A property bond is an alternative to a cash bond. You use the property as collateral instead of paying the full bail amount. The property’s value should equal or exceed the bail amount. However, not all properties qualify for property bonds. It’s essential to check with the jail or court to know what types of property they accept as collateral. A bail bonds agency can help you understand how property bonds work.
Release on Recognizance (ROR)
Release on recognizance, also known as ROR, is a form of bond that allows an individual to escape jail without paying any money. Instead, they sign a written agreement to appear at all court hearings. Several factors that can influence the decision of whether or not to grant ROR include:
- The seriousness of the charges
- The individual’s ties to the community
- The likelihood they will appear at future court hearings
Unsecured Bail Bond
An unsecured bond is a bail bond that doesn’t require you to pay any money upfront. Instead, you agree with the court to pay the full bail amount if you fail to show up for your court date. Unsecured bonds are often given for less serious crimes, but individuals with a previous criminal record may be ineligible for this type of bail.
Get Your Freedom Back with Bail Bonds Services
Going through the process of arrest and jail can be traumatic for anyone. The affordable bail options mentioned in this blog post can help you secure your freedom while also ensuring you will attend your court hearing. Researching your options and choosing the one that suits your financial situation is essential. Working with a reputable bail bonds agent in Indiana can also help ease the stress of the bail process.
Remember, the bonds agent’s responsibility is to ensure your appearance in court, so it’s important to follow their instructions and attend all court hearings. By utilizing the affordable bail options available in Indiana, you can secure your freedom and work towards resolving your legal issues. If you or someone you know needs help getting released from jail, contact DeLaughter Bail Bonds, a reputable bail bond company. Contact us today for bail bond services in Fulton, Wabash, Whitley, Miami, etc., IN.
