Affordable Bail Bonds in Albuquerque
When someone is arrested, the court sets the bail amount. Bail is supposed to be financial motivation for the defendant to appear in court at a later date. Many factors influence the bail amount, like the seriousness of the crime and the number of previous offenses. What you can afford to pay to bail your loved one out of jail isn’t the court’s main concern. Even though the court may set a “reasonable” bail, it’s likely not something you can “reasonably” pay for now. That’s when you turn to a trusted bail bond company like Pacheco Bail Bonds.
Bail Bond Premiums
Each state that allows bail bonding sets limits on the amount of money the bonding agency can collect for its services. While bail is refundable when a defendant appears in court, the fee to a bail bondsman is not. In New Mexico, the limit is 10% of the face value of the bail amount. But even 10% can be a financial burden.
At Pacheco Bail Bonds, we offer affordable bail bonds. We can begin the release process for as little as 3% down on bonds $5,000 and up (OAC). For co-signers who qualify, we may set up payment plans with little or no money down. In many cases, we also do not require collateral. We accept a variety of payment methods—credit card (Visa®, MasterCard®, Discover®, American Express®), cash or personal check—to make it as easy as possible for you to get the money you need to get your loved one out of jail.
Stay Local and Save
If your loved one has been arrested out of state, hiring a bail bonding company in the state where you live will cost less. Bail bondsmen outside New Mexico will usually have higher fees (not all states limit them to 10% bail bond premiums), and they may require full collateral. So, even when working across state lines, Pacheco Bail Bonds can provide affordable bail bonds.
Don’t add financial stress to your worries. Contact Pacheco Bail Bonds to get your loved one out of jail with affordable bail bonds.