When bail is set at $20,000, the defendant has two primary options to secure release, paying the full amount directly to the court or using a bail bondsman.
Bail Bond Cost with a Bondsman
- Most bail bond agents charge a non-refundable 10% fee.
- For a $20,000 bail bond, the cost would typically be $2,000.
- Some bondsmen may require collateral, such as a vehicle, property, or other assets, to secure the bond.
Additional Fees to Consider
- Administrative Fees: Some agencies charge extra processing fees.
- Payment Plans: Some bondsmen offer installment plans but may charge interest or additional service fees.
- Collateral Requirement: Depending on the defendant’s risk, the bondsman may require collateral to cover the full bail amount if the defendant fails to appear in court.
Refund Policy
- If the defendant pays the full $20,000 to the court, the amount is refunded after the case concludes, as long as they attend all court dates.
- If a bail bondsman is used, the $2,000 fee is non-refundable, regardless of the case outcome.
A $20,000 bail bond costs $2,000 when using a bondsman. While full bail payments made directly to the court can be refunded, bond fees and missed court penalties are non-refundable. Understanding these costs helps defendants and their families make informed decisions.