WHAT DOES IT MEAN TO PUT YOUR HOUSE UP FOR BOND?

A bail bond cost is a fee charged by a bondsman to secure the release of a defendant from prison. This cost is nonrefundable and must be paid prior to the accused can be released from guardianship. The fee may vary relying on the state and bail bond type.

The cost is usually 10 percent of the complete bond quantity. This fee is non-refundable since the bondsman thinks the risk that the defendant will certainly not show up in court. In many cases, the bondsman might also need additional cash money collateral as a contingency. This money is then gone back to the offender after the defendant makes a final court look.

WHAT DOES IT MEAN TO PUT YOUR HOUSE UP FOR BOND?