Bond and bail are interchangeable terms that are nevertheless markedly distinct from one another. In fact, the difference between them is sharp enough to make it worth looking into.
Knowing what this difference is can help you make an informed decision if you ever need to post bail for a friend or family member.
If you already know about the main difference between bond and bail and need help getting someone you know out of a Las Vegas Jail, call us right away at (702) 333-2663. We are available 24/7 and are ready to provide you with fast bail bonds solutions in Las Vegas.
What’s The Difference Between Bond And Bail?
Bail is the total amount an arrested person pays to get out of jail. How much this amount is depends on what the crime is and what state they reside in.
In some states like Nevada, there are set bail amounts for crimes. But not every state has a standard bail schedule like Nevada, meaning that bail amounts are set individually by judges.
Bond is the money a person pays a bail bond company to post bail for them. In Nevada, the premium for bail bonds is set at 15% of the total bail amount.
So, if the bail amount is $1,000, the defendant pays a non-refundable $150 premium to the bail bond company.
You might be wondering what happens to the remaining $850. Well, the bail bond company covers it with the full expectation that the defendant will make all their court dates and abide by all the requirements of the court.
If the defendant satisfies the court’s requirements, then once the case is finished, the court will return the full bail amount to the bail bond company, and the bail bond company will have earned $150 for providing their services.
24/7 Bail Bonds Las Vegas
If you need a bail bond in Las Vegas, Nevada, contact us right away.
We can start processing your bail bond within minutes of receiving payment confirmation. To submit an online bail bond application, just go to our Online Bail Request page and fill out the form.
If you are out of state and need to get a bail bond for a friend or loved one, our online submission form is the perfect solution.
If you have any questions about how to get started, call us anytime at (702) 333-2663.