Financial Consequences of Being Arrested, Part 2
In life, unexpected events can happen, and one of these is being arrested for a crime. Being arrested can throw your entire life into chaos and disarray, and it comes with many consequences, one of which is financial consequences. Here at ASAP Bail Bonds, a local bail bond company serving Cobb, Clayton, DeKalb, and Gwinnett Counties, we offer affordable bail bonds for your needs. Learn more about the financial consequences of being arrested in part two of our blog series, and contact us today!
Increased Insurance Rates
Being arrested, convicted, or even charged with a crime can cause an increase in insurance rates. This can affect car insurance, homeowner’s insurance, or any other type of insurance that a person carries. These increased rates can last for multiple years, resulting in long-term financial consequences.
Criminal Record
An arrest can have a long-lasting impact on a person’s criminal record, especially if you are convicted of a crime. Criminal records can affect future employment opportunities, housing options, and other aspects of a person’s life. Even if a person is never convicted of a crime, the fact that they were arrested can still appear on their criminal record, affecting their future financial opportunities.
Damage to Reputation
An arrest can cause significant damage to a person’s reputation, potentially impacting their ability to secure future employment or even maintain current employment. This damage to reputation can have severe long-term financial consequences, especially for those in high-paying or high-profile careers.
Counseling and Therapy
Being arrested can have long-lasting emotional effects on a person. Some may require counseling, therapy, or other forms of mental health support to help them cope with the trauma of their experience. These services can be costly and can represent a significant financial burden for individuals who are already experiencing financial difficulties related to their arrest. Moreover, counseling and therapy could be a long-term cost, depending on how long you need therapy for.
Civil Costs
In addition to the criminal court costs, such as fines and legal fees, individuals may also face significant civil court costs. Civil court costs are expenses associated with a civil lawsuit filed by a plaintiff against a defendant for damages caused by the defendant’s wrongful conduct. This is most likely in the case of a personal injury, such as in car accident cases. Civil court costs can be significant, including costs for compensatory, punitive, expert witness fees, depositions, and settlement costs.
LET ASAP BAIL BONDS HELP TODAY
Admittedly, the financial consequences of being arrested can add up quickly. Seeking legal counsel, exploring financial relief options, and identifying resources that can help individuals cope with the emotional and financial burden of an arrest can help mitigate these financial consequences. That being said, besides increased insurance rates, criminal records, damage to reputation, and the need for counseling and therapy, you may also need the services of a local bail bondsman. While this is a cost, it doesn’t have to break the bank. We only charge 10% of your bail amount with the possibility we may require collateral. Our bail bond company covers the rest, so long as you show up to court.
The bail bond process is straightforward. If you or a loved one has been arrested, you give us a call. We collect some basic information and get the name of the jail you or your loved one is at. Then, we’ll post bail on your behalf once you pay your portion of the bond. You or your loved one will be on their way to freedom. We’re open 24/7 for your convenience. If you are looking for the best bail bond services in Cobb, Clayton, DeKalb, and Gwinnett Counties, call ASAP Bail Bonds today!