You’ve probably heard about 10% bail bonds, meaning that you’ll have to make a non-refundable payment to a bail bond company in order to get you or your loved one out of jail. However, what happens if that percentage is too high? Is there a way to that amount lowered? Can you bail out of jail with no money down?
At Future Bail Bonds, we offer 0% down bail bonds. So what exactly does that mean, and how do you get approved? We cover everything you need to know about 0% no money down bail bonds in this article.
What Is A Bail Bond?
A bail bond is a bond that is used in place of having to pay the entire amount of bail that a court has set for a defendant to be released. There are two types of bonds, including civil and criminal bonds. A civil bond is used for minor offenses and guarantees that the defendant will cover all costs, interests, and debts related to the court’s ruling. In contrast, criminal bail bonds are used in criminal cases and ensure that the defendant will follow the court’s requirements.
How Much Does Bail Typically Cost?
The amount that your bail may cost depends on various factors, including where you are in the country, your criminal history, and how much is set by the court. In addition, the amount of bail that will be set depends on your charge or offense. For example, someone charged with DUI may have a $5000 bond, which means they must pay this sum to get out of jail until their hearing date. However, if they do not have a $5000 bond, they will be forced to stay in jail until their hearing.
Unfortunately, there is no way to lower the value of a set bail amount unless you’re able to come up with it all at once on your own. However, for some defendants who can’t afford that full payment on their own or do not have family members willing to lend them money in order to get out of jail until trial or sentencing day, they may be eligible for 0% down bonds through Future Bail Bonds.
What Does It Mean To Get A 0% Bail Bond?
A 0% bail bond means that you will not have to pay any money down in order to get out of jail. However, what this really means is that you can instead set up a payment plan that doesn’t require an initial amount to be put down in order for the bail to be paid. To get approved, you’ll need to meet the specific requirements listed below.
How To Qualify For A 0% Bail Bond
In order to qualify for a 0% down bail bond, you will need to meet specific requirements in accordance with the company that is providing your bail. In most cases, this means having a steady income and being able to prove it. Here are the exact qualifications you’ll need in order to get approved for a 0% bail bond.
Approved Credit Score
The first and most important requirement is having a good credit score. In order to qualify for a 0% bail bond, you will need to have an approved FICO score of at least 620 in most cases. This means that your current credit report should show no more than two late payments and less than six inquiries from creditors or lenders within the past twelve months. In some cases, if you don’t have a high credit score, you may still get approved if you can meet all other requirements.
Arrestee Needs To Be A California Resident
The second qualification is being a California resident. In order for you to be approved, you must have been arrested in the State of California, as this state allows Future Bail Bonds bail bond agents to conduct business. If your arrest was made in an area outside of California where we don’t authorize our agents from doing business, then, unfortunately, you won’t be eligible for 0% bail bonds.
Proof of Employment
The third requirement is proof of employment. You will need to be able to show that you have a steady income and can continue to receive it even if your case goes on for several months before being resolved in court.
Proof Of Residency
The next requirement is proof of residency. This can be in the form of a recent utility bill in your name and address, or if you’re renting, then just show your current rental agreement, which should also include your landlord’s contact info so we can verify it.
No Warrants Or Priors
Unfortunately, if you’ve had any warrants or prior arrests, you’ll be unable to receive 0% bail bonds.
Annual Income Must Exceed Bail Amount
The final requirement is that your annual income must exceed the amount of bail set by the court. This means if you’ve been charged, arrested, and given a $5000 bond, then you’ll need to prove that your household or individual income for this year has come in at least over $5000 before taxes.
What Cases Do Not Qualify For 0% Bail Bonds?
Unfortunately, some cases do not qualify for 0% bail bonds. These include but are not limited to felonies of any kind or violent crimes such as murder, sex offenses when the victim is a minor, sexual assault with force in which the defendant was armed with a weapon at the time of arrest and has been convicted before on another similar crime. In addition, if you’ve been involved with immigration bonds, prostitution, petty theft, pimping, warrants, bond surrenders, out-of-state or county warrants, you’re unable to be approved for 0% bail bonds.
If you meet all requirements set by Future Bail Bonds, then it’s likely that we can get your case approved so you won’t need to pay down payment in order to be released from jail until the trial date arrives.
What Cases Typically Qualify For 0% Bail Bonds?
Cases that typically do qualify for 0% bail bonds are Domestic violence, DUI’s, child abuse, and court order violations. If you feel that you may be eligible for 0% bail bonds, give us a call so we can discuss your situation with one of our agents.
We are the most trusted name in bail bond services. With years of experience helping people get out of jail fast, don’t wait until tomorrow to post your bail because it might be too late! Instead, call today or fill out an online application to receive FREE information about how Future Bail Bonds can help you!
How To Get Approved For Your Bail Bond
If you’ve been arrested and are looking for assistance on how to get approved for your bond, then contact us today at Future Bail Bonds. We work with all courts in the State of California, which means that regardless of whether it’s federal or state court where you’re being held, our agents will be able to help post your bail so you can get out. Here are the steps you need to take to become approved for your bail bond.
Contact An Agent
The first thing you need to do is contact one of our agents as soon as possible. You’ll be able to do this by calling our office or filling out an online application. We’ll need some basic information from you in order to determine whether you’re likely to be approved for 0% bail bonds. We can also answer any questions you have about the process of posting your bond, so you don’t have to wait around wondering what is going to happen next.
Have All Necessary Information Available
When you’re contacting our agents, it’s essential that you have all of your information readily available. This includes your name, address, age, and date of birth, as well as the court where you will be appearing for arraignment. We’ll also need to know what offense or charges were filed against you, along with any other pertinent information such as whether you’ve been to court before and if you have any prior arrests.
Sign Paperwork
Once you’ve determined whether or not 0% bail bonds are likely to be approved, our agents will help walk you through the following steps. This includes signing paperwork that shows your agreement with us, which is necessary for posting your bail so that we can get started on working out all of the details.
Take Your Loved One Home
Once your bail has been posted, you’ll be able to take your loved one home again. We’ll do everything we can to make this process as easy and stress-free for you as possible so that you know your loved one is in safe hands.
Get Started With Future Bail Bonds Today
When you’re ready to get started with a 0% down bail bond, contact us at Future Bail Bonds. We have agents available twenty-four hours a day who can answer your questions and provide the information you need so that you know exactly what is involved in being approved for 0% no money down bail bond.