Info/Help   Frequently Asked Questions

Frequently Asked Questions

Below are a few of our most commonly asked questions, if you can't find the answer to your question below simply give us a call at 602-265-2245, for your convenience we are available 24/7.

What is a Bail Bond?

A bail bond, technically called a “surety bond”, is a contractual undertaking guaranteed by a state licensed bail bailbondsman who is backed by an insurance company. The bail agent guarantees to the court payment of the full amount of the bond if the defendant fails to appear for their scheduled court appearances. For your protection, always deal with licensed bail bond company.

What is the cost of a Bail Bond?

In most states, including Arizona, the cost of a bail bond is 10% of the bail. Note that each state sets their rates and the rates are non-negotiable. By example, if the bail is set at $25,000, then the premium charged is $2500, no more and no less by law. A company charging a premium of under 10% is breaking the law and you should be very cautious about allowing a company who is willing to break the law hold your collateral.

Do you offer 5% Bail or Negotiate Premium?

We offer bail at 5% DOWN with the remaining 5% being due over time. We do not negotiate bail premium. Some people may not care if paying an illegal 5% bail premium is against the law. However, we ask you to consider carefully the position in which unlawful bail puts you. If a bail agent is breaking the law by price-cutting, will the same agent return your collateral? Will he or she surrender the defendant back to the court without cause? 5% sounds like a great deal, but what will it really cost you? Please be careful and think through your options before accepting a cheap bail bond offer.

How do I pay for the Bail Bond?

When arranging bail, companies generally need payment in advance of “posting” a bond for the release of a detainee. We accept cash, Visa, MasterCard, American Express, Discover, Pay-Pal, and Western Union. Most of our clients pay using cash or credit card.

Do you offer financing or payment plan options?

We realize that the cost of a bail bond may be more than you have readily available. If you qualify, we can work out a payment plan.
  • We do not charge a fee for financing.
  • We will work out payments that you can afford.
  • We offer no collateral bail bonds to qualified applicants.
  • We accept cosigners (make sure you understand your bail bond indemnitor responsibility before you sign).

What is collateral?

Collateral is something of value that is used to secure a debt or ensure payment. Sometimes a bail bond company will receive collateral in order to ensure that the defendant appears in court. Most bail bond collateral is in the form of car titles, real estate, or cash. A bail bond company must return your collateral at the resolution of the case.

Do I always need collateral for a bail bond?

We often negotiate no collateral bail bonds. These are called signature bonds. Signature only bonds are based on your credit worthiness and are approved on a case by case basis.

If I use collateral for a bail bond, when do I get it back?

When the defendant’s case completed or the Judge exonarates the defendants bond and all financial obligations are satisfied, collateral is returned to the individual who pledged it.

PMSAZ Bail Bonds
210 S 4th Ave
Suite #210
Phoenix, AZ 85003

602-265-2245 - 24/7 Office
602-229-1192 - Fax
info@phoenixbailbonds.net

In Tucson:
520-792-2245 - 24/7 Office
info@TucsonBailBonds.net

We are conveniently located on the Northwest corner of 4th Ave and Jackson in Downtown Phoenix. We are directly accross the street from the Maricopa County 4th Ave Jail and have easy access from the I-10, I-17, US-51, US-60, and 202 Freeways.

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