Understanding the Different Types of Bail Bonds
If you or your loved one has been arrested, it is possible to be released from the police’s custody with the help of a bail bond. Understanding the different types of bail bonds is important in determining which direction you will go to protect yourself or love one.
A bail bond a.k.a a jail bond simply refers to a legal contract between the accused, the court and the bondsman. It is this contract that allows the accused person to get released on bail as long as they appear on all court sessions. In case the defendant fails to show up in court, they forfeit the bail to the court.
Different Jail Bond Types Explained
The different types of bail bonds available for every case depend on many factors, which include the accused person’s criminal history, the jurisdiction in which the arrest was made, and the alleged crime.
Below are the most common types of bail bonds:
This is where a property is put up as collateral to get the accused person out of jail. This type of bail bond involves putting local real estate with the court as security so that a defendant may be released.
Typically, the process takes 1-2 weeks as it requires the approval of a judge, the appraisal of a property, the clerk’s acceptance and a sales comparison.
The property bond simply means that you promise to pay the bond amount should a person fail to turn up for court sessions. Should you fail to keep this promise, the court has a right to repossess your property to recover the sum of money that you promised to pay. Note: however that majority of states don’t accept this type of bond.
Just as it is implied in the name, a cash bond is a jail bond that is settled in cash. Note: depending on jurisdiction, some courts may accept money orders, credit card payments or checks.
Anyone is allowed to post cash bond on the accused person’s behalf. Once the case comes to a close, the court will return the bail money to the defendant unless they don’t honor court appearances.
In instances where a person is unable to post cash bail, they are advised to seek the help of a professional bail bondsman.
The surety bond is a type of jail bond that is normally used where the defendant can’t pay the bond as set by the judge. A relative or a friend contacts the bail agent, who is a surety company’s employee.
In most cases, the surety company is a kind of insurance company. Also called the bondsmen, these agents appear in court together with the accused person and pledge to pay in full the bond amount should the defendant not appear in court.
The bond agent charges the accused person or the accused person’s relatives a given premium and may hold as collateral for some personal belongings.
If the accused person fails to honor court appearances or their relative and family doesn’t or can’t pay back the bondsman, they could be in for serious repercussions depending on the local jurisdiction of the accused person.
If you are released on personal recognizance, it simply means that you are entirely responsible for honoring court appearances. Under this type of bail bond, you do not need to pay bail money to the courts.
Should the accused person fail to adhere to these conditions, he or she may be held in custody until the time of trial or their sentencing.
This type of bail is not usually allowed for cases that are considered high-risk. The judge will not grant personal recognizance if he or she deems the defendant a danger to the public or a flight risk.
Immigration Bail Bond
This type of bail bonds is meant for illegal aliens that need bail. Because processing an immigration bond is complex and goes through several federal offices, this type of jail bond is the most expensive of all types of bail bonds.
There are other types of bail bonds like federal bonds. However, the above ones are the most common. If you or a person close to you requires posting bail, you need to choose the one that applies to your own case and situation.
You can also talk with a bond attorney to advise you on the kind of jail bond to go for. They should be able to advise you on the most appropriate one for your case.
Champion Bail Bonding is a bail bonds company based out of Charlotte, helping people in several locations to have a piece of mind. Call or email us today for any legal advice for requesting bail from the courts.