The money I paid to a bondsman,after I comply with all bail conditions,can I recovered from bonds company?

Question

I HAD BEEN ARRESTED AND THE JUDGE SET THE AMOUNT,I CONTACTED A BONDS COMPANY AND PAID THEM THE 40% TO GET OUT OF JAIL.NOW ,I COMPLY WITH ALL THE CONDITIONS OF BAIL,WENT AFTER THE JUDGE AND NO MORE AT BAIL,CAN I RECOVER WHAT I PAID TO THE BONDSCOMPANY OR THAT MONEY IS LOST FOR ME? CONFUSED.....

Answer 1

Absolutely not. That is their fee for posting your bond. When the bonding company post's your bail they essentially say that they will guarantee your return to court. What I can't believe is that you paid 40% when the going rate is around 15% - 20%!!! You got screwed.

Answer 2

A few might return a portion of the money but I rather doubt it tho since it is their fee for doing you the favor of getting you out.I dont see why they asked for 40% tho because they only are supposed to charge you 10% . Lets say you have a bail of 5,000 dlls a baibonds will get you out for 500. At least thats how it is done in California. The only way to get all your bail money back is if you paid the whole thing to the court clerk.

Answer 3

I don't know what state your in but I've never heard of 40%. Here in Ct. it's 10% and if you have good credit and not a long police record it could be as low as 5%.
As far as getting your money back: No! That's there profit you can't expect them to work for nothing. As for the 40% - do some checking - start with the Better Buss. bureau. Call a few other Bondsman see what they charge. And than if you've been over charged talk to a Lawyer. Good Luck!!!!!!!!!!

Answer 4

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Answer 5

THE MAJORITY OF THE TIME THE BOND IS USED TO PAY THE FEES IMPOSED BY THE JUDGE. IF SOMEONE ELSE COVERED THE BOND THEN THEY MUST ASK THE COURTS TO GIVE THEM THEIR MONEY ONCE YOUVE COMPLIED. IF DISMISSED OR FOUND NOT GUILTY THEN ALL IS RECOVERABLE. THE BOND COMPANY CAN ONLY COLLECT A FEE FROM THE AMOUNT OF THE BOND WHICH IS UNRECOVERABLE USUALLY 10 % OF THE AMOUNT PAID

Answer 6

You don't think the bond company is just going to give money back? Why do you think they are in the business. When you go to court they get the money you put in and thier money.