What Are No Money Down Bail Bonds?

Bail bonds are in some sense a kind of insurance policy required by defendants to get out of jail.

Bail bonds ensure the defendant appears in court at the designated time.

Have you been charged with a crime in Tennessee with no financial resources to post bail? Or have you wondered if there is such a thing as no money down bail bonds?

If so, we encourage you to speak to a qualified and experienced bail bond firm like All-N-One Bail Bonds today. We are available to help you make bail.

How Reliable Are Bail Bond Agencies?

All bail bond agencies in the State of Tennessee must hold Department of Insurance issued licenses that require them to follow certain rules and regulations.

The top bail bond agencies have been in business for years and are very reliable. Many are family-owned.

How Much Are Bail Bonds?

The price for bail bonds is 10% of the total bail amount in Tennessee.

In other words, if the court sets bail at $20,000, the defendant must pay $2,000 to get a bail bond through a bail bond company.

Unfortunately, $2,000 is not easily affordable by many.

Therefore, no money down bail bonds are available to specific individuals. If you need a no money down bail bond, ask a bond agent for a flexible bail bond payment plan.

We highly recommend you work with a highly qualified and experienced bail bond firm like All-N-One Bail Bonds to find the best deal.

If you were charged with a crime and don’t have the financial resources to post bail, we can help.

Click here to learn more about how much bail you can expect to pay.

Why Work With A Bail Bond Agency?

The upshot of working with a bail bond agency is the flexible payment plans, including no money down bail bonds.

Bail bonds with payment plans are more convenient and cheaper than cash bonds.

If you get hit with a large bail amount, we strongly recommend contacting us so we can work closely with you to set up a flexible plan that works with your budget!

Typically in Tennessee, the court sets bail amounts within 72 hours of an arrest.

Each state sets its bail differently. Some have bail schedules with pre-determined bail amounts. However, the state of Tennessee does not have a set bail schedule.

Instead, Judges set bail amounts on a case-by-case basis.

Once a court sets the bail amount, a defendant has four options:

Pay the bail amount in cash.
Request to be released on O.R.
Request bail amount reduction.
Get a bail bond with a bail bond agency.

Are There Any Other Bail Costs?

Tennessee charges a state fee of $37 when posting bail in addition to court costs and legal fees.

List of Various Bail Bonds

Federal bail bonds. Only used for federal crimes, you can’t go through a bail bonds agency to handle your bail in this case. You have to go through the court system to get a bond.
Property bail bonds. You put up a property as collateral instead of cash and promise to show up for court.
A personal recognizance bond is a promise you make in writing to the court that you will make your court dates and refrain from illegal activities. The courts do not issue recognizance bonds for severe or violent crimes.

The most popular options are surety bonds. Most Personal Recognizance bonds are hard to get; however, working with a bail bonds agency is much cheaper and more accessible than paying a cash bond.

Moreover, Federal bonds are less common. Also, property bonds are less appealing to defendants with families.

Other Things To Consider When Hiring A Bail Bond Agency

Although surety bonds are common, there are other things to remember when utilizing a bail bonding agency to post a surety bond.

For example, if you cannot pay the agency’s fee, you will need a co-signer, such as a friend or family member, to pay it on your behalf.

All-N-One Bail Bonds is here to help you determine the bail amount in Tennessee and arrange for no money bail bonds.

What Are No Money Down Bail Bonds?