A $100,000 bail bond is a considerable risk for a bail bonds firm. You will still pay the 10% charge, bringing your total cost to a bail bonds business down to $10,000.
An average individual typically does not have $100,000 to pay as a flat charge to the court. So you should seek out a bail bondsman. For a bail bonds business to assist you, you must agree to pay collateral of some kind or cash at a 10% cost, which is $10,000 as a non-refundable fee for their service in posting the whole $100,000.
It can be challenging for the average person to come up with $10,000 on short notice, and this can make it difficult to negotiate with a bail bonds company that might not be willing to take on the risk of such a large bond either, even though the percentage of the bail that you are paying does not change from the 10% margin. In this situation, documents like property deeds or automobile title liens may be considered.
It’s a significant risk because the bondsman will be responsible for your court debt if you miss your court date. Typically, it is necessary to have a strong referral, background, history, or collateral.