I was arrested about six months ago after I was falsely accused of a crime. My bail was set at $65,000 and I paid the Fremont bondsman 10% to arrange my bond. My attorney and I were in court last week and were thrilled when the judge finally dismissed the case. Will the bondsman refund any of my money?
This is a very common question but unfortunately, the answer is no. The bondsman in Freemont earned his fee a the time you were released from jail That fee is nonrefundable. Most people are unaware that the rate bail bonds companies charge their clients are set by law. The 10% fee is mandated by the Department of Insurance (DOI) and the DOI reserves the right to penalize and even prosecute those who charge more or less than the legal rate.
The only time a defendant would have their bail money returned is if they did not hire a bondsman and instead chose to pay cash bail. In your case this would have meant having someone bring the full $65,000 to the Santa Rita jail. As long as you made all of your necessary court appearances that sum would be refunded after your case concluded.
At Adelante Bail Bonds we have more than 40 years of experience in helping get people out of jail fast. For more information call our office now at 510-291-4169 for a free, no obligation consultation.