How Much Does A $100,000 Bail Bond Cost?
If you have a bail of $100,000, then the cost of bonding yourself out through a bail bonds company is 10% of the total $100,000. Meaning that the bail money you owe would be $10,000.
Some bail bonds companies take payment plans or assets such as property as collateral.
Remember that bail bond companies are not government related. They are a 3rd party service providing a way to get someone out of jail until their court hearing. The money they put up front for you is a risk. So if your bail is $100,000, that means the bail bond company has to put up the $100k on your behalf, trusting that you will make the court date.
What Does Being Held On $100,000 Bond Mean?
Being held on a $100,000 bond means that you need to pay the court $100,000 in order to be set free from jail before your court date. If you cannot pay the $100,000 dollars to the court, you must stay in jail until your court date.
Qualifying For A $100,000 Bail Bond Through A Bondsman
You don’t just go to a bondsman and get automatically qualified to sign an agreement on a $100,000 bail bond. When bonds are this high, you will be required to show proof that you can pay the bond money back. This can be in many different ways…
- You came highly recommended by a reliable source
- You have property such as a car or house that is equal to $100,000 as collateral
- You have bank statements or tax returns showing your income
- You have the $10,000 up front and do not need a payment plan
- You have a valid co-signer as well
- There are no prior records showing you didn’t show up for your court date
What Happens If I Don’t Show Up For A $100,000 Bail Bond?
What happens if you sign for a bond and run? You signed a bail bond document stating that you are responsible for them. If they (or you) do not show up in court that means the money you put down on their behalf goes back to the bondsman or the court, and you do not get a refund. If you do not show up on a $100,000 bail bonds where the bondsman is responsible for the fee, you will then be hunted. Your friends, family and job will be contacted, maybe even a reward for your capture. You can learn more here.
