When looking into getting a bail bond, you might come across the term collateral, and wonder what it means. Companies use collateral like insurance. If the defendant is compliant with all the terms of the bail bond, then the collateral is returned back to the original owner. If the defendant fails to make payments on the bail bond, gets in trouble again while out on bail, or skips town, the bail bond company claims the collateral from the person who pledged it. This protects the bail bond company from a loss.
Common things to put up for collateral include vehicles, real estate, electronics, and other valuables. For vehicles and real estate, the owner must have made all payments already, or have a large majority ownership of the item already.
This puts some pressure on the collateral owner to make sure the defendant shows up for court.
To talk more about bail bonds and learn all of the specifics, as well as get a free consultation, contact Costa Mesa Bail Bond Store online, or at 714-648-0586.
Rainy days are still ahead California, whether you are in Northern California where rainfall is more abundant, or you are in Southern California where it happens less often. Driving habits need to be changed when it is raining versus when it is a dry day to ensure road safety. Here are some helpful rainy weather driving tips that will help protect you and others from harm’s way.
The road is most slippery on the first day of rain.
Drive slower and leave more space than usual between your car and the car ahead.
Brake earlier than normal so the car behind you has extra time to brake as well.
Make sure all car lights are working: headlights, taillights, signal lights, brake lights, and high beams.
Make sure your horn is working.
Check your tire treads; if they need changing, change the tires. Also make sure the air is to level in your tires.
Turn your headlights on when using your windshield wipers, even if it is raining on a sunny day. This is the law.
If you feel your car hydroplaning, remove your foot from the gas but do not step on the brake. Just keep a steady grip of your steering wheel and you will feel your car gain traction again.
Do not try and operate your phone while driving. Not only is it unsafe, it is illegal. Pull over, turn your car off, and then use your phone.
Keep a phone charger in your car at all times, it can come in handy in an emergency.
All sorts of driving nightmares can occur when the weather is not on our side, but the more precautions drivers take, the better it is for everyone on the road.
What’s better; a bail agent or a bail bondsman?
These two titles may sound different but they really mean the same thing. A bail agent is a bail bondsman and vice versa.
How much does a bail bond cost?
Pricing is dependent on the amount of the bail. In California, bail bonds companies charge 10% of the bail price. If your loved one’s bail is $10,000, then it will cost $1,000 to bail him out using a bail bonds company.
Do you offer discounts?
Yes. At Los Angeles Bail Bond Store we can offer a 20% discount on the price of the bail bond if a co-signer is a member of the military, AARP, is a homeowner, or if the client has a private attorney. With this discount, instead of paying $1,000 for the same bond, you only have to pay $800.
What is a co-signer?
A co-signer is anyone who is willing to sign for your loved one’s release. The signer is promising that all the money will be paid and that their loved one will go to all of their court dates. A co-signer takes responsibility for their loved one.
How do I make payments?
We accept a number of different payment methods at Los Angeles Bail Bond Store. We accept cash, checks and most major credit cards. We also have the ability to accept payments online, over the phone, or in person at an office.
How much do I have to pay?
Again, cost depends on the price of the bail itself. Initially you need to pay 10% of the bail. Depending on your information, we may be able to offer discounts.
With interest, how much do I have to pay?
At Los Angeles Bail Bond Store we do not charge interest, you only have to pay the 10%.
How much do I have to put up front?
Again, pricing varies from case to case and depends vastly on the people who are co-signing the bail bond.
How long does it take for my loved one to be released?
After the initial payment has been received, your loved one can be out in as little as two hours. However, the time varies from county to county. Time can vary anywhere from 2 hours to several, depending on the current workload of the jail.
Can you see if I have a warrant?
Yes, we can. If you think there might be a warrant out for your arrest, just call Los Angeles Bail Bond Store and we will see if you do indeed have a warrant.
Who can bail out my friend?
Anyone who cares about your friend can bail him or her out of jail. You do not have to be related to someone to bail him or her out of jail.
Can you bail my friend in Nevada out of jail?
No. At Los Angeles Bail Bond Store we are only licensed to bail people out of jail in California. If you want to bail someone out of jail in a state other than California, you will need to contact a bail agent in that state.
Do you do immigration bonds?
No. There are companies that specialize in those kinds of bonds.
What happens if I do not bail out my friend or family member?
Your loved one stays in jail until he is either found innocent and released or found guilty and sentenced. Until then your loved one has to go to all court appearances in an orange jumpsuit which does not look good to the court.
If I cannot bail somebody out immediately, up to how many days do I have to be able to bail them out of jail?
There is no time limit to bailing a friend or family member out of jail. Your loved one can be bailed out of jail until he or she has been sentenced.
Do I need to give collateral?
Most bonds at Los Angeles Bail Bond Store do not need collateral. We use your signature as collateral in most cases. However, for larger bails, starting around $100,000, you may need to put down something as collateral. This varies from case to case and depends greatly on the co-signers.
What happens if I miss a payment?
If you happen to miss a payment, it is not a huge deal. If you know in advance that you are going to be late on a payment, let us know. We know that life can be difficult at times and that things that were certain a few months ago, might have changed. If your budget has changed, we can work with you on payment and even readjust your payment plan to fit your budget better.
Can you tell me what my friend or family member was arrested for?
Yes, we can. Just give us your friend or family member’s name, birthday, and the county where he or she was arrested. We use that information to find your loved one in the county system and to answer any of your questions.
Do I have to wait to finish making my final payment before I can be bailed out again?
No. We can even adjust the payments on your first bail bond to make it easier on you to pay for both of them.
If I get approved, how much time do I have to make the first payment?
It depends on your individual situation. We customize our payment plans to work with your budget and situation. We can even get you a 0 down bail bonds payment plan based on your situation.
Will I receive a statement every month?
What is collateral?
Collateral is something of equal value to the bail bond that the co-signer puts up to cover the bond. If the client fails to pay for the bail bond, then the company takes whatever was put up as collateral.
Can I use a payment plan to pay for the bail bond?
Yes. We create payment plans for all of our clients to help make paying for the bail bond easier. We will work with you to create a customized payment plan that fits into your personal budget. The payments will break up the large cost of the bail bond into smaller, more manageable monthly payments.
Chat With Us online, or call 714-648-0586. We will not let you down.
You’re young and like to have a lot of fun. You like to party, drink, hang with friends, stay out late, and act as if you are invincible. But, everyone does, and not everyone has the best outcome. Many people just like you find themselves arrested and thrown in jail for offenses related to alcohol and partying. Often they’re fairly minor offenses but sometimes they’re way more serious than 24 hours in jail.
Ask the people who are sitting next to you in jail how they got there. You’ll always have a handful tell you they were drinking and driving or got into an altercation after a night of drinking. The rest of the stories are ones you don’t really want to get into detail about…
But know this – all those people sitting in jail with you never really thought they’d actually end up arrested. Perhaps they know they did wrong but they probably thought they’d get away with it. Your same track of mind. But look, you’re not in jail, and now you need to deal with this. It’s not the end – you can bail out of jail, and Costa Mesa Bail Bonds will help.
Budgeting money is something you should be doing regularly, and every time you get involved with something new you regularly need to pay for, you should re-visit your budgeting and make any necessary adjustments. So, you probably already allocate funds for rent, utilities, groceries, gas, and a bit for personal and leisure spending. The rest of your money goes into savings.
Now, what will happen to your funds when you decide to provide financial help for a loved one’s bail bond? Bail bond payments should not be missed – they’re as important as rent and utility bills, if not more, considering it directly relates to someone’s freedom out of jail. Here are some tips on how to look at your budget:
Cook more meals at home and eat out less; when you do eat out, skip appetizers and dessert
Bring lunch to work
Cancel subscriptions you can be without, such as Netflix, magazines, and even a wine club
Cut your shopping sprees
Walk, bike, or take public transportation, to save your gas
Work out outdoors or at home and pause your gym membership
Take one or two less drinks at the bar and happy hour
There are many, many ways you can keep your budget looking good even while having to pay for a bail bond temporarily. Plus, with Costa MesaBail Bond Store on your side, you’ll get the best price for your bail bond with a customized, low monthly rate payment plan.
Moms will be moms and that means they are always going to worry about you, wherever you are, whatever you’re doing. It’s that natural motherly instinct.
It’s part of your job to reassure her you are fine, that she raised a good son or daughter. In order to do this, you need to show responsibility.
Doing that might be difficult in the most complicated situations – like getting arrested for something. She’s going to have a fit but you can prove yourself to her again by bailing out of jail and dealing with the forthcoming consequences responsibly. When you bail out of jail, spend more time at home with her and other family members. Spend less time partying and going out all the time. Get busy at work and help out around the house. Seeing this will lessen her worry and stress – but not diminish it because again, that’s impossible!
Don’t be afraid to go to her when you need her the most, and don’t be embarrassed to either. Yes it might be embarrassing but once you get past that, you’ll realize that she is one strong woman who can help you through anything.
First thing is first: bail out of jail. Get in touch with Costa Mesa Bail Bond Store and your agent will be with you and your family through the whole process. We’ve done this for nearly 30 years and trust us when we say that family and friends pull through this united, no matter how strenuous it is.
Call us at 714-648-0586; we will not let you down! Your mom and us are your best bets!