BY |
Wondering what happens if you miss a bail bond payment? It’ll hopefully never get to that stage, but it’s best to know what to expect just in case it does happen.
Most people don’t have any issues when it comes to fulfilling the payment duties of their bail bond plan. Here at Alana’s Bail Bonds, we’re pleased to offer flexible, manageable payment terms for our bail bond services, so you can get yourself (or a loved one) out of jail as soon as possible and pay the money-owed within an agreed timeframe.
But of course, life can and will get in the way sometimes, and there may be occasions where you’re at risk of missing a payment. In that scenario, it’s best to just contact us as soon as possible so we can discuss your options with you. On this page, we’ll run through the consequences of missing a bail bond payment and other vital information you need to know.
Consequences of Missed Bail Bond Payment
The consequences of missing a bail bond payment will depend on your specific circumstances. In some cases, there may be no consequences at all; if it’s a simple error that can be easily corrected, then nothing of note is likely to happen. However, if there’s a missed bail bond payment and it’s not rectified immediately, then fallout is likely.
For one thing, you’ll be in violation of the contract you signed when the original bail bond was taken out. And that could mean that the bond is revoked, which means you could be put back in jail. You may also have to give up any collateral you used to secure the original bail bond. Even if that doesn’t happen, you’ll still likely have to deal with additional legal troubles, such as being taken to court by the bond agent to recover the money you owe.
Impact of Skipping Bail Bond Payment
We put it this way: there’s no positive outcome when you skip a bail bond payment! There’s a long list of things that could happen if you intentionally miss a payment, and none of them are good.
If the bond is revoked, then you may end up back behind bars until your court date. In other words, you’ll no longer get the benefit of getting the bail bond in the first place. The bond agent will also likely pursue the owed payment via legal channels, which will further impact your financial standing and will likely impact your credit score.
It can have long-term impacts, too. If you miss bail bond payments once, then you’ll find it more difficult to get a bail bond in the future.
Non-Payment of Bail Bond: What Happens?
What happens when you fail to pay your bail bond will depend on the circumstances surrounding the non-payment. For instance, if you fail to make a payment due to an unforeseen banking error, then, in all likelihood, nothing will happen provided you make a payment as soon as you notice the error.
If you intentionally miss a payment and don’t take steps to rectify the situation, then what happens will be in the hands of the bail bond agency with whom you have the bond contract. They may exercise the right to claim the collateral you put up to get the bond, recover funds via the courts, or revoke the bond, which will put you back in jail.
Skipping Bail Bond Payment: Legal Ramifications
The legal ramifications of skipping a bail bond payment can be manifold. For instance, if the bond is revoked, then there will likely be a warrant out for your arrest, which will put you back behind bars. The bond agent that issued the bond may also take legal action against you, which will further complicate your existing legal troubles. The bottom line? It’s much simpler to just pay the money you owe for your bail bond!
Missing Bail Bond Payment: Penalties and Risks
You can see why people might consider missing a bail bond payment — it’s nice to keep money when you can! The issue is that, in this scenario, you really can’t keep your money without facing severe penalties and risks. You might save some money on a short-term basis, but if you’re taken to court by the issuing bond agent, then you’ll face significant financial responsibilities. Plus, you’ll be at risk of ending up back behind bars — and since it’ll be more difficult to get a bail bond, you might have to stay there.
What to Expect if You Can't Make Bail Bond Payment
If you can’t make a bail bond payment, then you’ll probably hear from your bond agent pretty quickly! The good news is that if there’s been a simple error and you can make payment quickly, then nothing bad will happen. However, if you haven’t made a payment and don’t plan to, then you can expect to receive a series of warnings before more serious actions are taken.
Bail Bond Payment Default: What You Should Know
There could be a million reasons why you’re struggling to make a bail bond payment. The most important thing to do is to speak to your bail bond agent. A good, experienced bail bond agent will be more than happy to find a solution that works for all parties. Problems usually arise when the person fails to make contact with the agent. It’s much more straightforward to discuss your issues rather than keep them in the dark.
Failed Bail Bond Payment: Potential Consequences
Potential consequences of failing to make a bail bond payment include having a warrant issued for your arrest, forfeiting the collateral you used to get the bond, and being taken to court by the bond agent. Basically, there are plenty of problems that can arise from missing a bond payment!
If you think you might miss a payment, then contact your bail bond agent as soon as possible. And remember, if you’re in need of a reliable, experienced agent, then don’t hesitate to call our team here at Alana’s Bail Bonds by calling 619-468-9333.
