I was arrested earlier this year on domestic violence charges and my wife hired a bondsman to get me out. My bail was set at $50,000 and the bondsman said my fee would be 10%, or $5,000. We put $2,500 down and we’ve been making monthly payments on the balance. I had court today and the District Attorney said he wouldn’t be filing any charges and that the case was over. My question is whether we need to keep paying the bondsman or not?
When you sign up for a bail bonds payment plan, you will need to continue making payments until the balance is fully resolved. If you stop making payments, the bondsman can report the delinquency to the credit bureaus, which will have a negative impact on your credit score. They also can hire a collections agency, and they can even file a case in small claims court to compel you to pay. If you’re having a problem making your monthly payments, you’ll want to contact the bondsman right away to see if they can let you skip a payment, or possibly reduce your monthly payment amount.
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