My husband was arrested and booked at one of the Riverside jails this morning and his bail bonds have been set at $100,000. He was just laid off and I’m in between jobs, so we don’t have a lot of extra money at the moment. I’ve seen some bail bonds companies advertise $0 down bail bonds and I’m wondering what the eligibility requirements are for that.
Zero-down bail bonds are generally reserved for highly qualified signers—namely, those who own real property and have a steady income. Unfortunately, with neither you or your husband working at the moment, you will likely not qualify for a little to no money down bail bonds situation. Are there other family members that may be willing to help cosign? If there is another signer that has good credit and a steady income you may be able to qualify for a bail bonds payment plan. Be sure to ask the bail bondsman you are working with about payment options and what types of payment plans are available based on your situation.