Is It Possible To Post Your Own Bail?

If you or a loved one has ever been arrested and placed in jail, the first thing that probably comes up is getting out. The Judicial system has crafted a way for the defendants to avoid sitting in jail for weeks, or even months in some cases, while waiting for their court appearance.

Bail is a solution to this problem. This makes it possible for defendants to spend the waiting period with their loved ones instead of being in jail.

What Is Bail?

It is considered a cash money temporary allowance used by the Judiciary system to hold defendants accountable for making their court date. The bail amount is set according to a sliding scale of various crimes.

It can either be paid with money, a pledge of property or even a personal promise to return to court for all the necessary hearings. If the defendant makes all of his or her court dates, bail is completely refunded once the trial is over. This occurs whether the accused is found guilty or innocent. But, if the accused misses a court date, the bail is not refunded. It is forfeited to the court and a warrant is most likely issued for the accused’s arrest.

Factors That Affect The Cost Of Bail Include:-

1. Seriousness of the crime
2. The record of accused criminal
3. Risk level of the accused fleeing before trial
4. The financial position of the accused

What Is A Bail Bond?

If the accused or their family cannot have enough cash or money for bail, a bail bond can be applied for and used to pay the bail amount. Bail bonds in Colorado is employed to pay the bail using what is known as a bail bond. It is basically a contract between the accused, the bail bondsman, and the court. In exchange for posting bond, the bondsman charges a non-refundable fee for their services.

A bondsman also works with the court and normally includes a promise to them that they will pay the entire bond if the accused does not show up to court. This will set up a separate contract with the accused’s friend or family member who promises to pay the bond if the accused doesn’t do what they are supposed to and the bondsman has to pay for the court.

Can You Bail Yourself Out Of Jail?

If the accused is financially sufficient to pay for their bail at the time of their arrest, they can bail themselves out and be the only cosigner. But, since bail is cash bail, the accused must have the full bail amount in cash on hand at the time. This is not possible for most people and is not all that common.

When You Should Hire A Bail Bond Agent?

If you or a friend or family member does not have the adequate cash to pay for the full bail amount, or you simply do not want to risk having some of or all of your money forfeited to the court for whatsoever reason, hiring a bail bonds service in Denver is the best course of action to take.