Discussing Common Concerns When Using A Bail Bond Company in El Reno OK

by | Mar 13, 2019 | Bail Bonds

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Thousands and thousands of people are arrested every year. Some of these people are arrested for minor offenses, and others are arrested for offenses that are much worse. However, when most people are arrested they’ll be given an opportunity to be granted bail. In order to pay your bail you might need some outside help. A Bail Bond Company in El Reno OK can provide you with the service you need in order to be removed from jail until your court date. Let’s see what bail bonds are and the concerns many people have about them.

For starters, some people have the misconception that it takes an extensive amount of time to get out of jail on bail. Truthfully, it doesn’t take any more than a few minutes to have all of your paperwork signed and ready to go. After your paperwork is signed, you’ll have the opportunity to be released from jail in the next couple of hours. The jail that you’re in can play a part in when you get out. Those in county jail should be able to get out within 4-12 hours. Those in regular police stations should be able to get out in as little as 2 hours.

First time offenders usually have no clue about the bail bonds process. A Bail Bond Company in El Reno OK isn’t free to use. These companies are essentially providing you with a loan. In return, individuals like yourself will be required to provide a small premium for their troubles. The premium is typically a small percentage of the entire bail. Most bail bond companies charge the regular fee of 10%. This money won’t be returned to you in any way.

What most first timers may not know is that they’ll have to put up collateral in order to have a bail bond company bail them out. Since you’re essentially receiving a loan you’ll need to provide something of value in the mean time. The collateral that you provide has to be owned by you, and must be able to match the value of the bail bond provided. However, this collateral will be returned to you after all of your court dates have been met. Contact Connie Holt Bail Bonds LLC for more information!