Wednesday, 08 December 2010 10:00

The purpose of the bail bond company.

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12/31/11 Affordable Bails New York and our Queens, Brooklyn and Manhattan brings you the interesting article on the benifts of using a bail bond company

when posting bail in Queens. brooklyn and Manhattan.

 

The purpose of the bail bond company is to help clients by providing a save and efficient release from Nassau County jail and help them wait until their scheduled court date. If you or a friend or family member were arrested, one of the last things that you or they will want is to sit in jail and wait without knowing what the legal process is and what you can do to get out.

The problem is, when someone is arrested, many feel they can’t afford to post bail for himself or herself or their friend or family member. This is where a company will step in to help you get out of jail by charging a percentage of the total bail amount. Most companies charge between 6.25- 10%.

 It is important you know how to decide which bail Bond Company is best for you, you can compare them by license status, experience, and if they are willing to offer some type of financing to help fit your situation. You will also want to find out the availability of assistance for financing and if they have a no collateral bail bond option.

 One of the most important aspects in choosing a company to meet your needs is whether or not they are licensed in the jurisdiction you need help. Any company must be licensed and in good standing in the area where you need assistance. You should easily be able to check their status online to make sure that they have a state department of insurance license.

Financing and methods for payment should also be part of your due diligence when finding a bail bond company to work with. Looking for a bondsman that accepts cash, check, or credit cards will be an important factor. You will also need to make sure of the interest rate that they charge. They should not charge more than 10% typically. Affordable Bails New York inc. bail bonds has calculated this to be an area standard, so don’t pay more.

Don’t let tricky advertising deceive you into thinking you can do business with a cheap bail bonds company. The typical going rate is between 6.25-10%, and if they don’t tell you that up front then they are trying to hide their fees through financing charges.

You will also want to make sure that someone is available 24 hours a day seven days a week. Unfortunately, people get arrested at all hours and you can’t wait for a bail bonds company that only works 9:00 am to 5:00 pm. if you need help outside of those hours. Follow these general tips and you will be out of jail with bail posted in no time!

Last modified on Tuesday, 15 March 2011 18:24
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