Everyone knows that bailing a loved one out of jail can be expensive. At Penny Fianzas, we do everything we can to help make bail more affordable for all of our clients. When it comes to getting your friend out of jail, you have 3 choices:
You can put up the cash for full bail amount (e.g. If the bail is set at $10,000, you would pay $10,000 in cash). A cash bail is refundable after your loved one’s final court date.
You can hire a bail agent to put up the full bail amount for you. For this service you pay a premium, usually 10% of the bail amount. (e.g. For a $10,000 bail, the premium is $1,000) Premium is not refundable.
Stay in jail for the length of the legal process, which could be over a year.
If you cannot afford the full amount in cash, your best option is to choose a bail agent. Bail through an agent costs 10% in California for all bail agents. However, there are exceptions where certain clients can qualify for bail at lower rates. There are discounts available if you meet any of the following:
You are a union member.
You are military, active or retired.
You are a homeowner.
You have hired a private attorney.
Your payment can be split up over several months, or years, so that you can afford the bail. We work with your income and customize a payment plan to meet your needs. This is how we make bail affordable for all of our clients at Penny Fianzas.