When arrested, you have to figure out what your options are to secure your release. In the process of exploring your options, you will realize that some options are more appealing and desirable than others. Many of those arrested in Memphis, TN (Shelby County) don’t have large sums of money lying idle somewhere to bail them out when they get arrested for a criminal offense. Sometimes you just need to get out of jail as fast as possible and return to your normal daily responsibilities as you figure out how you can face your court dates and get it over with.
When arrested for a criminal offense in Memphis, you can decide to post cash bail immediately and get out of jail or wait for your scheduled court date and appear before a judge or jury. The problem is that not many people can afford the bail amount asked by the court and opt for a bail bondsman. Many people will call a bail bondsman like https://www.bobblockbailbonds.com/bondsman-memphis-tn that will post the bail at a fee of about 10 percent as long as you agree to show up to court until your case is heard and the judge makes a verdict. The bail bond company will often take your collateral to ensure you show up to court and return it as soon as your case has been heard and closed.
However, Bob Block Bail Bonds does not require collateral in most cases. No-collateral bail bonds allow you to secure a bond without having to put up collateral in advance. Should you skip your bond and fail to show up, you are liable to pay the remainder of the total bond. You have to pay the bond posted by your bail bond company and they may do everything within the law to get their money, including going after your assets and those of your family and loved ones. In contrast, you don’t have to worry about any of this if you don’t skip your court dates.
The major advantage of a No-collateral bail bond is that defendants don’t have to put up property or other forms of assets to secure their release, allowing them a faster release process so that they can return to their normal lives and duties as soon as possible. They are also easy to process and are a viable option for any offender who has been arrested but lacks enough cash or property to help cover the bail charges.
On the other hand, the major disadvantage is that the bail bondsman may not issue you a no-collateral bond if your criminal background is not so good. Frequent arrests and bond skips will quickly disqualify you. Similarly, if you are accused of felonies and violent crimes, your bail bondsman may not issue such bonds.
To get a no-collateral bond, just ensure you have a good credit report or history, pay your bills on time to avoid unnecessary penalties, have no criminal records or records of bond skips, and have not been accused of felonies or violent crimes. Having a professional job and living in an area for a long time also means you are a “stable resident” and qualify for a no-collateral bond.
No-collateral bonds allow you to get out of jail without paying large sums of money or putting up your property as collateral. This is very helpful if you have no cash or property to help secure your release. However, your bail bondsman will have to check your criminal history to determine whether you qualify for such bonds.
