If you or a friend or family member is in jail and needs to post bail, you are probably aware of the high cost of bail. Most people do not have the thousands or even hundreds of thousands of dollars available to them that may be required to get out of prison on bail while waiting for their trial. There are options, however. Depending on individual circumstances, you may be able to post bail with a property bond.
A property bond is essentially a loan with collateral in the form of your property. A lien may be placed on your house or some other immovable property that is located within Louisiana. The equity value of your property is determined by subtracting what you owe on the property (such as the mortgage) from the assessed value of the property. The process of using your property for bail usually only costs a few hundred dollars, making it one of the cheaper options in Louisiana.
Paying Bail Using a Property Bond
The best way to go about paying bail with a property bond is to first contact a lawyer who can help you navigate the legal process and ensure you are treated fairly. Defense attorney J. Bradley Cockrell has years of experience in the Louisiana legal system and helping people post bail. With his focus on understanding your own unique circumstances and his track record of success, Mr. Cockrell will make sure you get the best possible outcome.
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