Bail bonds in Norman, OK, provide a timely, affordable means to get out of jail and stay free until your next court appearance. Paying for a bail bond is easier than you think. There are several methods you can use, all worth considering.
Bail Out or Stay in Jail
If you can’t post bail after you’re arrested, you have to stay in jail. The court sets bail amounts according to your criminal record, the severity of the crime and other crucial factors. Amounts can be as little as $500 or in excess of $50,000. Who has that kind of money?
Luckily, the court accepts bail bonds as a promise of payment if you fail to appear in court. The bond is almost like a promissory note that the bond agent offers the court on your behalf.
In exchange for the bond agent’s services, you pay a premium for the bond. The premium is the cost of the bond, serving as a nonrefundable fee for the bond agent. Premiums are usually 10 to 15 percent of the total bail. Here’s how to pay the premium when you have little to no cash.
Ways to Buy Bail Bonds in Norman, OK
Naturally, cash and personal checks are acceptable forms of payment. Occasionally, you can offer collateral, a qualifying piece of personal property that ensures repayment to the bond agent if you fail to appear in court. Click here to know more.
You can also have someone with verifiable income co-sign on your bail bond, or you can put your bail bond premium on a credit card and pay it in full over time as you pay the balance of your credit card.
Swing by A Absolute Bail Bonds and see why we are one of the most trusted, friendly sources of bail bonds in Norman, OK.