Alright. So you’ve been arrested, and you want to get out of jail. “How do I do that?” Well, you post bond. Now, there are two basic ways, well, maybe three basic ways, to post bond. First of all, is a cash bond. So let’s say the bond the judge set was $10,000. If you’ve got $10,000 under your mattress, go get it, pay it to the court clerk, you’re out. If you don’t have $10,000 under the mattress or anywhere else, you will go to a bondsman. You pay him 10% (so $1,000), and you get out of jail. Now the difference is, on that $1,000 to your bondsman is gone. That’s his fee. But at the end of the case, if you put up all the money, the $10,000, you get that back. A third way is to post what’s called a property bond. So if I don’t have $10,000 laying around, and I don’t want to go to a bondsman and throw away $1,000, if I’ve got property that’s worth at least $10,000, sometimes you can put that up in lieu of, or instead of using cash or using a bondsman. The bad part about using a property bond, is it takes some paperwork, so you’re not going to get out of jail immediately. Secondly, the amount of property typically needs to be higher than your bond. Typically by at least 50%. So if the bond is $10,000, your property needs to be worth $15,000, and you need to own that free and clear, or have $15,000 equity. So, that’s how you get out of jail.
If you have been accused of committing a crime, it is important to contact a criminal defense lawyer as soon as possible. Call Horst Law today at (615) 403-2971 to discuss your case.
Horst Law
144 2nd Ave N #204
Nashville, TN 37201
(615) 403-2971
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