Posting bail for yourself, a friend, or a loved one can be quite an overwhelming experience. It’s a lot of money you’re putting up in good faith. Whether you receive that money back, however, is completely in the hands of the defendant. The only way to receive bail money back after the court case is for the defendant to have met all court date appearances on time.
Let’s break down the three primary types of bail and how they affect the return of your bail money.
Surety Bail
When you hire an experienced bail bond agent, you’ll be granted a surety bond. With a surety bond, you can save money by paying a bail premium, which is a total percentage of the bail. The premium, however, is non-refundable. It goes towards the bail bond agent and the agency’s fees and expenses.
Cash Bail
With a cash bail, you are paying money directly to the court. This money will then be returned to you once the defendant makes their required court appearances. Should the defendant miss their court dates, however, the money is then forfeit. The court will keep all money and put it to use elsewhere. You will not see a dime.
Property Bond
A property bond is similar to a cash bail but you put up a piece of property, such as a vehicle or house. Again, if the defendant does not make all of their court appearances, then the property will be seized by the courts and likely resold for a profit on their behalf.
If you need bail bond services in Oklahoma City, contact Abrahams’s Bail Bonds at 405-528-8000. Our friendly, knowledgeable bail bond agents will help guide you through the entire process to ensure a quick jail release is had shortly!