Many Plant City Drug Attorneys are asked about the specifics of bonding people out and the money involved. While we would obviously defer all major issues concerning bonds to your bondsman, it is worth discussing the 10% payment required by bondsman and whether you will receive it once your criminal case is concluded. As way of background, bondsmen require 10% of the total bond amount to be paid on the accused’s behalf. For example, if someone is being held on a $1,000 bond in the Hillsborough County jail, a bondsman would require at least a $100 payment for the bond to be posted. Many bail bondsmen also charge other fees associated with posting a bond for administrative costs.
Generally, the bondsman will not return the 10% payment on the bond. Ultimately, this is how bondsmen make money and it is payment for the privilege of not being forced to post the entire cash amount, as the majority of individuals lack that sort of cash to post to the Court. Ultimately, that 10% payment is effectively the cost of convenience. Additionally as we have told thousands of people, there are many issues and concerns unique to posting cash bonds, including the delay in getting your money back.
If you or someone you know has questions concerning posting bond or other criminal issues, contact the Plant City Drug Attorneys of Hackworth Law, P.A. for a free case consultation to discuss your case. If you would like to contact one of our attorneys immediately, please use the “contact us now” tab in the upper right hand corner of our website or our free chat box in the lower right hand corner of our website. Thank you for taking the time to review our Plant City Drug Attorneys’ blog. We look forward to working with you.