When it comes to bail, people typically have a lot of questions. No one ever really plans on needing bail, but sometimes the need arises out of nowhere. Since people never thoughts they’d need to deal with bail, they have no idea what to do. They need to talk to someone who is knowledgeable when it comes to bail.
Luckily we have plenty of bail experts here at the Tennessee Bonding Company. They can answer any question about bail that is thrown their way. To make things easier for you, here are a few of the most common questions we receive:
How much does a bail bond cost? The answer to this question varies from case to case. In the state of Tennessee, a bail bond costs 10% of the bail that it is for. If someone’s bail is set at $20,000, his or her bail bond will cost $2,000.
What is a co-signer? A co-signer is anyone who is willing to sign for the bail bond and take responsibility for it. A co-signer is responsible for making sure payments are made on time, and that the person who was bailed out goes to all of his or her court dates.
Do you charge interest on the bail bond if I get a payment plan? No, we do not charge interest on any of our bail bonds. Even if you get a payment plan, you will only need to pay the 10% of the full bail price.
How much do I have to pay up front? This varies from case to case and is dependent on the price of the bail bond, and the co-signers. To learn more, you will have to talk to one of our bail agents.
Our bail agents here at the Tennessee Bonding Company are available to answer questions for free 24 hours a day, 7 days a week. They will be more than happy to help you figure things out about your loved one’s arrest and bail.