Bail Bonds FAQ (Frequently Asked Questions)
Below you will find answers to some of the most frequently asked questions. If any other questions remain, feel free to contact us at any time.
- • What is a Bail Bond?
- • What do I need to bond someone out of jail?
- • What information do I need when I call?
- • How much does a bond cost?
- • Where do you write bonds?
- • Is the Bail Bond fee refundable?
- • What is a cosigner?
- • What is collateral?
- • How do I know when the defendant has to go to court?
- • If I’m a co-signer for a friend or family member and that person misses court do I have to pay you the full value of the bond?
- • What are your hours?
A: A Bail Bond is a contract between the bail bond a company, the courts, and an indemnitor. It is the indemnitor that guarantees the bail bond company that the accused will appear for all future court dates. For this the bail bond company charges a percentage of the bond.
A: You will need the fee, a cosigner, and possibly some form of collateral.
A: In most cases, the defendant’s full name and jail location is all we need.
A: We typically charge between 10-15% of the bond.
A: Bargain Bail Bonds can post a bond in Amarillo Texas. We may also be able to help you Nationwide. Call Bargain Bail Bonds 806-379-2003 to find an Agent.
A: No. Once a bail bond has been posted for the accused the money is then earned by the bail bond company.
A: A cosigner is the person who takes financial responsibility for the bail bond if the accused fails to appear in court.
A: Collateral is money, property, or anything of value that we hold while the accused is out on bail. This collateral is returned when the defendant has completely settled the case.
A: It is your responsibility to know when the defendant has to go to court. Typically, the courts will notify us when the accused is to appear. You may call our offices Monday – Friday 8 am – 5 pm to check the status of a case.
A: You are liable for the full amount of the bond plus expenses if your friend or relative does not go to court. However, a failure to appear in court does not necessarily mean you’ll have to pay the full amount of the bond. While there is no excuse for missing court we strongly encourage our clients to notify us of any unusual circumstances so that we can advise them as to the best course of action.
A: We are available 24 hours a day, 7 days a week. Please call us for a free consultation at 806-379-2003.