Trying to get a loved one out of jail for the first time can be an overwhelming and unnerving experience. This is especially the case if a person is unfamiliar with how a Bail Bond in Oklahoma City works.
The good news is, there are a few things a person can learn before they need the services of a bond agency. Keep reading to learn what these things are.
A Bail Bond is a Loan
When a person is arrested, they are put in jail right away. They have to wait to go to a bail hearing, which is when the judge sets a bail amount. The pail amount has to be paid into the court if the person who was arrested is going to be released from jail.
If the bail is not paid, the person must remain in jail until their court hearing. The bail amount is returned as long as the person shows up for all the following court dates. Put simply, a Bail Bond in Oklahoma City is a short-term loan the bond agent pays on the behalf of the individual in jail to secure their release.
Bail Bonds Aren’t Always Needed
There are other options besides a bail bond. The bail can be paid with cash. This can help a person save money if the person who was arrested comes to all their court dates. The person paying the bond needs to understand they are taking on a risk and they may be responsible for paying the whole bond amount.
In some situations, using physical assets as collateral is possible. Some of the things accepted include bank accounts, bonds, stocks, and real estate. When speaking with a bond agent, make sure to ask about the type of bond the judge is willing to accept.
When it comes to getting out of jail, there are several things to know. However, getting a bond is one of the best ways to do this. More information about getting a bond can be found by contacting Advise Bail Bonds and speaking to a professional about the services that are provided.
