Whenever a person is arrested, they face significant financial risks. This is especially true for anyone living paycheck to paycheck. If you’re stuck in a jail cell, you simply can’t continue going to work as usual and earning the money you need to pay your bills.
Luckily, you don’t have to stay in jail as you await trial. After a quick arraignment hearing, you can get out on bail.
However, you have to be able to give the court whatever sum they deem necessary. You will get the money back as long as you attend all of your court dates. But what do you do if you don’t have enough money on hand? Most people turn to bail bond services for support, but is that a good financial decision?
In the video posted here, a financial advisor discusses the practicality of getting a cash bail bond. He is generally in favor of working with a bail bond service to get out of jail. You need to be able to keep making the financial decisions that lead you toward stability. As long as you can make your court dates reliably, your decision to get a cash bail bond is going to support your plans for a good financial future.