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Life is unpredictable, and if you don’t trade carefully, you might find yourself or a loved one in a situation where you are charged with a crime that you might or might not have committed. Now, under such circumstances, you might avail of getting a bail bond as a way to secure your release from the jail that you are in.

Nonetheless, before you get to the point of making any such decision, you should understand the different pros and cons that are part of such bail bonds.

Keep reading.

What Are the Pros of Bail Bonds

Let us have a look at some of the benefits of getting bailed out of jail:

Quick Release from Jail

Now, one of the biggest benefits of getting in touch with a bondsman and securing a bail bond is that it can help you leave the jail quite quickly. The reason that we mentioned the bondsman is that in most circumstances the charged person doesn’t have enough money to post bail on their own – so – a bondsman can do the needful and post the bail on your behalf.

However, they will charge you a fee for that.

Ticket to Freedom

Now, if you have never been to jail before, but from the things that you might have watched in the movies – or – perhaps you know someone who has been to jail, you might have some idea that getting imprisoned can be a traumatic experience.

The trauma is real to the point that it can affect your job, personal life, and your family. Here is the benefit of a bail bond that comes right in handy: you don’t have to live that traumatic experience as you can get back to life while awaiting trial.

In a way, with a bail bond, you will be buying your freedom for some time at least.

Save Money

Another con to know about bail bonds is that by getting bailed out of jail, you can actually save some money. Suppose you are planning to post bail on your own. In this case, you will be required to come up with the full amount of the set bail. You can do this in the form of cash or assets.

A bondsman or a bail bond company will typically charge a percentage of the total amount set for the bail. This aspect makes everything much more manageable as you don’t have to come up with the entire amount on your own.

This aspect indicates that you can get bailed out of jail while saving your money for other expenses, such as your legal fees.

Potential Downsides of Getting Bailed

One of the biggest downsides of bail bonds is that they come with a cost. Typically, the fees that the bondsman will charge you will be up to 15% of the total amount set for the bail. The fee is absolutely non-refundable.

Some individuals can think of the fee as a burden, especially when they are dealing with financial obligations. Also, there is a good chance for you to put up collateral to secure the bond.