Wichita Bail Bonds Blog

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What Is 10% Of A $500,000 Bond?

What Is 10% Of A $500,000 Bond

Ten percent of a $500,000 bond is $50,000. This is the standard fee charged by a bail bondsman if you use their services instead of paying the full amount directly to the court. This fee is called the premium, and it is usually non-refundable, even if the case is resolved in your favor.

When You Use a Bail Bondsman

  • You pay $50,000 (10% of the $500,000 total)
  • The bondsman posts the full $500,000 bond with the court
  • You do not get the $50,000 back, because it’s the cost of the service
  • You may need collateral or a co-signer to secure the bond

If You Pay the Full Bond to the Court

If you have the financial ability, you can pay the full $500,000 directly to the court. This is called a cash bond. If you do…

  • The full amount is held by the court during the case
  • You get it back at the end of the case as long as the defendant follows all court orders
  • If the defendant misses court or violates the terms, the court keeps the full amount

Why People Use Bondsmen

Most people do not have $500,000 in cash available, so they choose a bail bondsman and pay the 10% fee instead. While this saves money up front, it is not refundable and may come with added conditions or monitoring.

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