Things haven’t changed so much in Colorado now with new marijuana laws, or deregulation. But, how bail bonds work in Colorado haven’t changed all that much. The term “bail” means that the court sets an individual who has either been arrested or jailed free with the guarantee that said individual will appear in court of his or her assigned court date. A set amount of money is determined by the court and the individual is required to pay that amount in order to satisfy bail.
How Bail Bonds Work in Colorado These Days
Bail amounts in Colorado can be very high and in the case that you do not have the money available at the needed time, you can call on a bail bondsman to pay the bail amount, and all that you have to pay is a lower amount (called the surety). Each state has a specific set of rules when it comes to bail bonds. Continue reading for more information on how bail bonds work in Colorado.
How Much is Your Colorado Bail?
Depend on one of the largest Colorado bail companies with flexible payment plans and terms available. Enter in the total bail amount needed to determine your approximate bail costs of find out if you’re eligible for a bail loan:
How Colorado Bail Bonds Work
The amount for bail is determined by the crime for which the individual is being tried. Bail can be given in one of the following five categories:
- Cash Bail: If you are personally able to pay this amount up front, all fee remaining after your court date will be returned to you.
- Surety Bail: You sign a contract with a bail bondsman to pay your bail amount. In return, you pay your bail bondsman a percentage of the bail amount and promise to appear in court on your assigned date. After your trial, the bail bondsman will receive any remaining fees from your bond amount.
- Property Bond: This rare case means that the individual is released by using his or her home or property as bond.
- Personal Release (PR) Bond: The individual agrees to undergo a pre-trial release program that is recommended by the court. The individual is not required to pay any money in order to be released from jail.
- Citation: This is given soon after the individual is brought to the jail. The citation gives the court date that the individual must appear before the judge.
If you decide to ask a bail bondsman to get you out of Denver County jail and be released from custody fast. Now, you will be required to pay either 15% of your bond amount or $50, whichever amount is the highest, to the bail bondsman. The bondsman will then pay the entire amount needed for your bail, and then you will be set free.
If my bail is $150,000 how much should I pay?
We get questions about Denver bail prices all the time. To help calculate your bail, we’ve set up a simple bail schedule. Below is a simple table to help you better understand the premium rates for bail. Here, we will calculate bail using a standard of 10%:
| CASH BAIL AMOUNT | PREMIUM % | BAIL COST |
|---|---|---|
| $1000 | 15% | $150 |
| $5,000 | 15% | $750 |
| $10,000 | 15% | $1,500 |
| $20,000 | 15% | $3,000 |
| $50,000 | 15% | $7,500 |
| $100,000 | 15% | $15,000 |
| $150,000 | 15% | $22,500 |
| $250,000 | 15% | $37,500 |
| $500,000 | 15% | $75,000 |
| $1,000,000 | 15% | $150,000 |
It is very important to remember that paying a bond represents an agreement to appear in court on your assigned court date. If you do not appear in court, you will be held accountable to repay your bail bondsman the full amount of your bail and you could lose any chance to rely on that bail bondsman again.
| 3 Months | 6 Months |
|---|---|
| 9 Months | 12 Months |
Keep in Contact With Your Colorado Bail Bondsman
It is also highly recommended that you keep all contact information of your bail bondsman and documentation given to you from your bail bondsman. It is typically that your bail bondsman will want to check in on you for progress on your court appearance. Remember to choose a bail bondsman that you can trust and who correctly knows how bail bonds work in Colorado.
Video: How Bail Bonds Work in Colorado
How does bail bonds work in Colorado? A judge sets the bail amount of the defendant. A Colorado bail bondsman will post the bailbond once the premium is paid by the defendant or co-signor. The premium fee in Colorado is 15% or $50.00, what ever is greater. Visit https://doi.colorado.gov/ for info about becoming a bail bondsman in Colorado