Charged With A Crime: What Happens to the Bail Money?
You were charged with a crime and opted to use a bail bond to get out of jail while you waited for your case to be resolved. It has, and you either decided to plead guilty or you let the case go to trial and were found guilty by the jury. Now you can’t help but wonder what happens to the bail money.
The first thing you have to consider is if you entered into a payment plan with Los Angeles Fianzas | Los Angeles Bail Bonds. If you did and you haven’t yet completely paid the 10% fee, you will still have to complete the payments. Failing to do so does two things. The first is that it means we won’t be willing to write a bail bond for you if you’re arrested again. Second, we’ll have to contact a collection agency to retrieve the missing payment and you’re credit rating will be hurt.
If you have already paid the 10% fee in its entirety, you have nothing to worry about. Your debt to us is done and since you made all of your court appearances, you are under no obligation to us at all. What you won’t get back is the 10% you paid us. That’s the fee we charged for posting the bail bond.
If you skipped the bail bond process and decided to post your bail yourself, the court will return the money to you. Don’t assume that this is money you’re free to spend. Most people find that they ultimately turn the entire amount of bail money back over to the court to cover court fees and other fines.
As disappointing as it might be to realize that you’ll never get the 10% fee you used to secure a bail bond, in the end, most people are very happy that they ultimately decided to use Los Angeles Fianzas | Los Angeles Bail Bonds. They used the money they ultimately would have used to post a bond to pay their rent, get groceries, finance the fuel they used to get to and from court appointments, and even help cover their legal bills.