Bail bonds offer many benefits when compared to the option of paying cash to bail someone out of jail. For example, bail bond companies are often available 24 hours a day, 7 days a week. Consequently, these companies make it possible to post bail no matter what time it is. This even includes weekends and many holidays. Bail bonds also allow you to post bail without having all the money upfront. However, if you wish to be approved for a bail bond, there are a few things you will need to take with you to the bail bondsman's office. You can learn more about the items you will need below.
#1: Proof Of Identity
Even though the bond you are applying for is to benefit someone else, you will still need to provide proof of your identity. This is because the bail bond is being issued for your loved one on behalf of you. In most cases, the easiest way to prove your identity is with a driver's license. However, if you do not have a driver's license, many bondsmen will also accept a military ID or passport. Essentially, a government-issued photo ID is what you will want to have. You will also want to make sure this document is not expired or it will likely be rejected by the bondsmen.
#2: Proof Of Address
The next thing you will need is proof of your address. This is important information for the bondsman to obtain in case they ever need to collect on your debt. If the address listed on your photo ID is still valid, you should not need any additional documentation. However, if you have moved since this document was issued, you will need to provide a copy of your new lease or a utility bill in your name for service at your new house.
#3: Proof Of Income
Finally, you will need to provide proof of income. This can be done using your paystubs, tax returns, or a recent bank statement. This information is required to ensure that you will be able to repay the full amount of the bond if your loved one skips out on bail. The amount of income you will be required to have will vary based on the amount of the bond you are applying for. Just as with any other loan product, you may be unable to qualify for a large loan if you have a very limited amount of income.
Contact a bail bonds company to learn more.
Share29 August 2023
I always wanted to buy my own home and after saving enough money for a down payment, I decided that it was time. Before I started looking at houses, I talked with a loan officer about financing. I wanted to know how much money I could borrow so I could look at houses in that price range. I was very happy after my meeting at the loan company and I was ready to start house hunting. My name is Jarod Spangler and I'm now a homeowner. If you have the dream of owning your own home, I think you'll find my blog of help to you. I've documented my journey of saving money, securing a loan and purchasing a house. To help you become a homeowner too, I'm offering advice and tips of things that I've learned along the way.
