Do Bail Bondsman Return Money?

Bail bondsman have the responsibility of posting a bond or the money to bail a person out of jail. The idea is that if the person is out of jail they will show up in court at the appointed time for their court date.

The money that is posted will not be returned until the person has shown up for their court date. If they don’t show up for their court date or if they are found guilty and there is a fee imposed, the money will not be returned.

Trusted Network of Providers:

If the fee imposed is less than the amount of the bond, the bondsman will be returned the difference and the person who was bonded out of jail will owe the bail bondsman this difference.

There are no guarantees that the money will be returned in full to the bail bondsman. Thus they tend to want people who have some form of collateral (an item that is worth something that will become theirs if the money isn’t refunded in a specific amount of time).

Each bail bond company works slightly differently so it’s important to get the specifics in detail before signing on the dotted line. In most cases, the person has a specific amount of time in which they are allowed to pay the bondsman back.

If the person defaults or is late on payments the item that they put up for collateral is given to the bail bondsman as their payment. This could be anything of value from jewelry to a house and everything in between.

For this reason, it’s important for the client to keep the bail bondsman posted about their contact information. This should include phone numbers, current address and all of the pertinent details that go with it.

Court cases are done in the order in which they are received. It can be anywhere from two weeks to several years for many cases to come up on the docket. The more complicated the case, the more likely it is to take longer for the case to reach the judge’s desk.

For this reason, a bail bondsman must have enough clients to keep supporting their business. The typical bond is given a ten percent fee. This is to help defray the costs if the person doesn’t show up for court.

If the bond amount is returned in full by the courts, the bail bondsman keeps the ten percent as payment for the case. This gives the bail bond company a profit as well.

There is no difference between the term bail bondsman and bounty hunter. They both do the same job and are legally allowed to track down clients should they be concerned that they won’t appear in court or should they not appear at all.

Bail bondsman don’t give the money back to the client, they are given the ten percent as payment. If the client does everything else correctly the client will get their money back except for the ten percent.