Bad Credit: Options for Refinancing a Mortgage

Like many people, the recession hit me pretty hard. Thanks to a job loss, I got behind on some of my credit cards. Even though I did mange to make the mortgage payment every month, my credit rating nose-dived. While things did get better, I still wondered if it would be possible to refinance my mortgage with bad credit. After talking with a few lenders, I found out that my situation was not unique. I also found lenders who were willing to work with me. I managed to get terms that will save me money over the life of that mortgage. If your credit has taken a beating, don't assume that refinancing is out of the question. I'll share how I researched options and found a lender who offered a good deal. You could find that refinancing your mortgage is within your reach.

Been Arrested For Murder? Information About Different Types Of Bonds To Help You

Finance & Money Blog

If you have been arrested for murder, this can be a scary time. Once you are arrested, one of the first things you will do is to go to court to a bond hearing. The judge will determine if they will issue a bond to you. If you are issued a bond, you have different options when it comes to the bonds. Below is information about the different choices you have to make so you can decide if this is something that would work well for you.

Bond Choices

When the judge tells you the amount of your bond, you have different choices. You can pay the entire bond to the court. The court will usually only accept cash. The amount of money you pay the court will be repaid to you when you attend the murder trial or court hearing. If you do not attend the murder trial or court hearing, you will be immediately taken to jail and you will not receive the money back that you paid.

You can also hire a bail bondsman to help you get out of jail. If you do not hire a bail bondsman and you cannot pay the entire bail payment, you can wait in jail until your scheduled trial or court hearing.

Murder Bond

Besides the bonds above, there are also murder bonds available. You will pay the bonding agency a percentage of the entire bond fee, which may be five to 10%. The bonding agency may also charge you additional fees for their bond services and the cost of issuing the bond to the court. It is important that you hire a bond agency that has experience with dealing with murder charges. You will find that some bonding agencies will turn you down because you have been convicted of murder.

Murder Bond Prices

Murder bonds cost more because there is more of a risk when there is a murder charge. For example, there is always the risk the person being charged with murder will try to leave town to get away from the charges. The price of a murder bond may be anywhere from thousands to millions of dollars. If you have a history of being arrested for other crimes, your bond will be higher.

Your lawyer can work with the bondsman to try to lower the price they are charging you for the bond at the bond hearing. In many cases, however, this amount will not be reduced.

Talk with a bail bondsman about bail bonds, and they can give you more information.


21 August 2018