Is Bail Money Refundable?

Money

During colonial times, British officials sometimes threw people in jail and either refused to set bail or made sure that the bail was unaffordable. So, lawmakers added the Eighth Amendment to the Constitution. This provision stopped these abuses. It clarified that bail is security for pretrial release and not punishment for wrongdoing.

So, bail money is not just a pretrial fine. In fact, bail has very little to do with the underlying offense. It’s just a way to guarantee that the defendant will appear at trial. But what exactly happens to the money that you spend to get your loved one out of jail?

Where Does Bail Money Go?

The answer to this question depends on who you pay for jail release. Most people have two options. They can deposit the full amount of their bond in cash with the sheriff or pay a smaller fee (called a bail bond premium) (usually 10-15 percent of the bail amount) to Fizer Bonding Company (bail bond near me) for bonding services in Montgomery and Robertson Counties.

In some situations, if the bail amount is still too high, a judge may reduce it at a bail reduction hearing. At this hearing, an attorney basically argues on behalf of the defendant that there’s no reason for the defendant to stay in jail due to their inability to pay their bail amount before trial. If the judge rules in favor of this argument then there will be a reduction of some amount to help the defendant gain the ability to pay for their bond and they will obtain their pretrial release.

Much like renting an apartment requires a security deposits, bail deposits with the county usually go into an escrow fund. When renters move out, they get their security deposits back if they complied with all rental conditions. Likewise, when the defendant’s case is over, the depositor gets the bail money back less any fees.

But bail bondsmen depend on bail bond premiums for operating expenses. This money is usually their only source of revenue. Without these funds, bail bondsmen could not get people out of jail right away and could not patiently answer all questions about the criminal law process.

Do You Get Bail Money Back from a Bail Bondsman?

Security bail (when you pay the sheriff the full bail amount in cash), like an apartment security deposit, is refundable. But bail bond money or bail premium (only 10% -15% of the full bail bond amount) paid to the licensed bondsman is not refundable. This money is not just security for pretrial release. As outlined above, Fizer Bonding Company (bail bonds Clarksville TN) also provides valuable services. Your Fizer Bonding Company bondsman will get you out of jail quickly and easily with simple paperwork, easy payment of the bail premium and they will answer all of your bail related questions and remind you of your court dates, times, and locations.

You will not get the bail money back from a bondsman, but most people find this a small price to pay when it is only a fraction of the bond amount anyway. Plus, as soon as the case is over, all the bail conditions vanish. That includes both general conditions, like in-person reporting, and offense-specific conditions, like avoiding an alleged assault victim.

In terms of both time and money, your Fizer Bonding Company bondsman reduces both for you or your loved one when they need to get out of jail ASAP! For over 50 years our family-owned company has helped get people out of jail discreetly with respect and dignity. If you have more questions about how bail bonds work, see our website page: https://fizerbailbonds.com/how-do-bail-bonds-work/.  Fizer Bonding Company is a member of the Tennessee Association of Professional Bail Agents.

“We’ll get your tail outta jail!”

Fizer Bonding Company in Montgomery County Tennessee

(931) 449-9351

Fizer Bonding Company in Robertson County Tennessee

(615) 667-1109

**Disclaimer**

Please be advised that neither www.fizerbailbonds.com or Fizer Bonding Company LLC is not an attorney or law firm and does not provide legal advice. If you are seeking legal advice, you are strongly encouraged to consider consulting with a competent attorney in your jurisdiction who can provide you with legal advice on your particular matter where individual state, county or city laws may apply. www.fizerbailbonds.com provides INFORMATION ONLY and the information provided is for informational purposes only AND IS NOT TO BE CONSTRUED OR SUBSTITUTED FOR LEGAL ADVICE. THE INFORMATION INCLUDED IN OR AVAILABLE THROUGH THE SITE MAY INCLUDE INACCURACIES OR TYPOGRAPHICAL ERRORS. No guarantees are made and the use of the website, content, and any information provided is at your own risk.