If You Are Found Guilty, Do You Get Your Bail Money Back?
You won’t get your bail money returned if you hired a bondsman because they assumed the risk on your behalf by posting the bail amount while only taking a small percentage of the total. You will receive your bail money back if you cover the entire cost of your own bail.
If you are accused of a crime…
You may post bail, which is a sum decided upon by the court to act as security. Once you’ve made the payment, you’ll be temporarily released from custody until the exact day the matter is scheduled to be heard in court.
The defendant has three options for covering the bail sum: cash, a bail bond, or property. Find out the kinds of collateral that are acceptable for bail.
This bail bond gives the court a legally binding assurance that the defendant will be present during court proceedings and that, in the event of nonappearance, the agreed-upon bail sum will be paid to the court.
Bail can be posted in court directly by the defendant, a family member, or a friend, or through a bondsman.
Difference Between Using A Bondsman & Paying The Bond Yourself
The following details can help you determine if you’ll be able to get your money back.
You would have to wait until the case was resolved to receive your money back once the bail bond was paid. Before you may consider receiving your bail money back, the charges against you must either be dismissed or proven guilty throughout the court proceedings.
Even if you were ultimately found guilty, if the bail money had been paid directly to the court, the court would be happy to reimburse you for it. The bail money wouldn’t be returned to you if you paid a specific price to a bondsman, though.
In conclusion, this means that if you or a loved one paid the whole amount of bail, the court would entirely refund it to you; however, if you paid a bondsman a percentage of the bail amount, you will only lose the premium cost you paid.