Do You Get Your Money Back After The Case is Over?
Getting Your Bail Money Back
When you get a bail bond, you put money down as a premium to the bondsman. This is their compensation for posting bail for the accused. Premiums are not always paid in cash; it can be other assets such as jewelry, property, or vehicles. In these cases, you will not receive a refund. The bail bondsman legally earns that premium after the case is over. That premium is what allows the defendant to get out of jail. If paid in cash, you will get your money back when the case is over, minus the premium you paid.
There are a few circumstances in which you will not receive any of your money or property back. These circumstances include the defendant being rearrested and failure to appear in court. There is a circumstance in which you will get all your money or property back. That happens when the bondsman fails to hold up their end of the contract.
Contact Our Bail Bond Agents Today!
Mr. Clem’s Bail Bonds is a bail bond agent serving the Crestview, FL area. Bail bonds allow defendants to get out of jail without having to put up the entire bail amount. The premium that bondsmen typically charge is 10% or less for posting bail on behalf of the defendant. The money you post for bail will be returned to you upon the case ending minus the bondsman’s premium. Our bond agents are always happy to help our clients. We are available 24/7. Contact us today to learn more about our bail bonds!