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How Much Does A $20,000 Bail Bond Cost?

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how much does a 20,000 bail bond cost

How Much Does A $20,000 Bail Bond Cost?

If the court set a $20,000 bail to stay out of jail until the court date, then you can either…

  1. Pay the court the full $20,000 – After you show up for the court date, you will get all your money back
  2. Pay a bail bonds company $2000 – Bail bonds companies charge 10% of your total bail bond as a non-refundable service fee for giving the court the full $20,000
  3. Stay in jail until your court date – For this, you do not have to pay the bail bond
  4. Get a payment schedule setup – At A Second Chance Bail Bonds in Wichita, KS, we offer payment plans for people we deem qualified and able to pay the money back; not every bail bonds company offers this.

So, a bail bond of $20,000 will cost you $2,000. If you miss your court date, the bail bonds company will send a bounty hunter out after you to collect the full $20,000. If they cannot find you or get payment from you, they will call up workplaces, family and friends and co-signers for your bail bond money.

Hiding from a bounty hunter usually does not work, they can cross state lines and enter homes without a warrant and use force to re-arrest you and bring you back to jail.

2 Comments

Stephanie bell November 7, 2021 at 7:09 am Reply

My husband Thomas quick has a 20,000 dollar bond I understand that I need to have 2,000 dollars in cash or some type of collateral does my collateral in my case my rv which is actually are home does it need to equal 20,000 dollars or 2,000 an if so how can I find out if it is suitable for the bond he is in scioto county ohio

http://asecondchancebailbonds.org
Thomas Kane November 9, 2021 at 9:10 am Reply

Yes, that would work as collateral for the full amount of the bond if the bonding company felt the bond was risky. But they still have to collect the $2,000 (10%) principal amount. Collateral doesn’t get held on that.
The owner of the bail bonds company would be the one to make the decision on matters of risk and collateral. Since every bail bonds company is different and they are privately owned, you might get a slightly different response depending on the company you are working with.

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