financing ATV race machines and equipmentfinancing ATV race machines and equipment

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financing ATV race machines and equipment

My son has always loved riding dirt bikes and ATVs, so when he asked if he could start racing, I was as excited as he was. Unfortunately, the machines that he owned were not really suitable for racing, so we had to purchase a new machine and get it fixed up and ready to race. That all was going to take quite a bit of money, so instead of bursting his bubble and telling him we couldn't afford it at the time, I started looking for affordable financing options. This blog was created to help others find financing options for just such an instance.

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Bail Bonds 101: What You Need To Know About Working With A Bail Bondsman

When you get arrested, you must go to court for a bail hearing before the trial begins. The judge can either allow or deny a bail agreement. If they agree to release you on bail, you must pay the surety bond to the court to secure your freedom as you await trial.

Sometimes, you might not have the required bail amount and must involve a third party to raise the money. You can engage a bail bond agent to pay your surety bond. 

Here's a breakdown of how a bail bond agent can help you raise and pay bail.

The First Interaction With a Bail Bondsman

A bail bond agent will loan you the bond amount after you agree and sign their terms. They will ask you to provide the following information:

  • The exact jail where you are detained
  • Your full name and booking number
  • The total bail amount you need

This information will help the agent process your release faster.

However, you must agree on pricing before the bail bond agent rolls out the payment to free you. Most bail bond agents require a non-refundable fee (usually 10-20% of the total bail amount). They might also need collateral to process the loan.

Once you've agreed on the pricing and signed the contract, the bail bondsman will start the process of getting you out of jail.

The Process

The bail bondsman will pay a surety bond to the court for your release. The good news is that you won't need to pay a penny more if you attend all court sessions. However, if you skip court deliberately or flee, you'll have to compensate the total amount the agent pays the court as surety. 

If you cannot attend the court hearings and have valid reasons for your absence, you can request a postponement of the court hearing. Send your lawyer to represent you in court and provide all the supporting evidence to show your inability to attend the hearings.

Some of the valid reasons for a missed court hearing include the following:

  • A medical emergency for a sudden, life-threatening condition
  • A sick child where you're the only available guardian
  • A kidnapping
  • The death of an immediate family member
  • Involvement in a critical motor vehicle accident

Also communicate to the bail bond agent about postponed court hearings. This way, the agent won't have to track you down for missing court sessions. 

Your contract with the bail bondsman ends when the court refunds the bail bond to the agent.