Article provided by: Good To Go Bail Bonds
Since people don’t always get arrested during normal business hours, Good to Go Bail Bonds provides 24-hour bail bonds in Denver. No matter what your charge is, we’ll get you out of jail as long as you have a cash bond. The easiest way to find out if someone who has been arrested has a cash bond is to call the jail they’re being incarcerated in and ask them. The jail can also inform you what the person’s cash bond total is. Don’t be discouraged if this number is high because this is a just a cash bond.
A cash bond is the amount of cash a person has to pay to bond out of jail. In many respects, cash bonds are the best kinds of bail bonds because the individual who got arrested doesn’t have to burden anyone else if he or she can put up the full amount of the cash bond. If a person has been charged with a misdemeanor or even a lower-class felony, then he or she might be able to afford their cash bond.
However, for more serious charges, and for cases where there are aggravating circumstances, the total amount of the cash bond can quickly balloon out of control. It’s not uncommon for people to have bail bonds in excess of $50k or even $100k, and most people don’t have the kind of cash laying around. That is why they call us.
Should I Choose a Cash Bond or a Surety Bond?
Because Good to Go Bail Bonds likes it when our clients are able to make informed decisions, we would like to make you aware of your options, as well of the pros and cons of each. The downside of a cash bond is that most people can’t afford to pay the full amount. The upside of a cash bond is that the person will get 100% of the money back at the completion of the case, whether they are acquitted or found guilty.
On the other hand, either the individual who has been arrested or someone who is willing to help the person who has been arrested to post bail can contact us, and we can offer them a surety bond. With a surety bond, only 10% of the total amount of the cash bond is needed upfront. Therefore, if the cash bond is $50k, the person would only need to come up with $5k to post the bond with a bail bond agent, such as Good to Go Bail Bonds.
Please note that some people may be required to pay more than 10%. We will look at things like the person’s flight risk, nature of the charge, amount of the cash bond, as well as other factors before determining the amount of money needed upfront.
Obviously, the upside of a surety bond is that you won’t have to come up with the full amount of the cash bond, and you can get 24-hour bail bonds in Denver, CO. The downside to a surety bond is twofold:
1. The 10% down is not refundable
2. If the accused absconds, he or she will have a bounty hunter on them in addition to the law