Get The Bail Money You Need From Online Emergency Cash Sources
If you need emergency cash to bail someone out of jail, then you have a large amount of resources online for emergency cash. Many of them take under one hour for you to be approved for $500, $1000 or even $5000 so you can get your loved one out of jail.
Bail is a temporary some of money that the defendant pays to the state in order to secure his or her freedom until the trial date. Once the trial date comes, the amount you paid for bail is returned. When this money is returned, you can easily pay back any emergency loan that you took out in order to help you free the person from incarceration.
Most emergency loan sources will ask you for personal information such as name, address, phone number and sometimes even social security number. Many payday loans only require you to have a checking account. Western Sky is an emergency loan source that you can borrow up to $5000 and all you need is a checking account as well.
There are many different options available to you as far as finding emergency money to free a friend, family member or loved one. Of course, the money from these sources are limited since they limit the amount of money you can borrow. So if your bail is $50, 000, a payday loan or an emergency cash loan probably won't help you much unless you borrow from different sources. However, you don't want to do that because you could end up in financial hot water on top of everything else. You can also borrow enough from a payday loan, a guaranteed personal loan source or emergency cash source to pay a percentage of the bail amount to a bondsman. So if the bail is $50,000 and you can't afford that, you could get an emergency cash loan for 10 percent which is $5000 and then contact a bondsman who will help arrange for the release of your loved one.
Other sources of emergency money to get someone out of prison would be to collect money from friends and family. You could sell things online or at a quick yard sale, scrap your gold for cash or just bring valuable items to a pawn shop and see how much you can come up with for the bail. It is very stressful to be put into a position where there may be a possibility that your loved one will have to stay in jail because you did not have access to emergency cash.
As a last resort, go to a bail bondsman to get the emergency funds you need to get someone out of prison. A bondsman will pay the full amount and ask you to pay anywhere from 10 percent to 20 percent of what the amount of the bail is. Bail money is then kept until the trail date. If you show up for the trial, the bondsman gets his money back but he also keeps the 10 percent you gave him.
If for some reason the defendant skips bail and runs, then the bondsman has about 6 months to catch the defendant or he loses the money he put up as bail. This is why a lot of bail bondsman get something like a house as collateral.
So if you choose a bail bondsman to get that emergency funds you need to free someone from jail, make sure that person has no reason or intention of skipping town. Because you could be in trouble with the bail bondsman as well. Depending on how much the bail is, you can use online sources of quick emergency funds to get the money you need to free your loved one until the trial date and get the person in a safe, warm environment.
Other Related Articles
Amazon Price: $6.50 $5.95 Buy Now
(price as of Sep 24, 2016)