Know Which Bail Bond Services Is Ideal For Your Case
There are 4 different kinds of bail bonds used widely in the industry whether you believe it or not. This can slightly differ on the other hand depending on the city, state and jurisdiction to which the bonding is taking place. Surety bonds, cash bonds, federal bonds as well as immigration bonds are actually the 4 most common heard of bail bonds used to get a release. As you read the next lines, you will be able to know more about how every type of bail bond works.
Number 1. Cash bonds – this bond is used in a situation to which the family, family member or defendant requested to just pay cash for the pail. Assuming that the defendant was able to complete the probationary terms required of their arrest and showed up to all court hearings, the money paid for the bail is returned in whole. This is not recommended for average individuals as this type of bail often requires thousands of dollars. The cash to be paid can instead be saved for immediate and important needs than getting a release from jail. On the other hand, many celebrities, elite persons, professional athletes and several other exclusive groups are using this kind of bail.
Number 2. Surety bonds – when planning to get a release from jail, this is yet another option to get. This particular bail bond works when someone is arrested and taken custody, another individual or they themselves might contact an indemnitor such as a bail bondsman to assist them in the bailing process.
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Normally, these bail bonds include some sort of collateral for the bail amount required. This is primarily because of the reason that the accused will be released on bail and will have ongoing court stipulations like counseling as well as drug testing that should be completed or else, the indmnitor will take the responsibility of the entire bail amount. Among general population, this type of bail bond is actually the most popular.
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Number 3. Federal bonds – compared to the first two bonds discussed, these types are not as popular. This is because of the reason that they’re used only in case a person has committed a federal crime. These crimes may include tax evasion, kidnapping, embezzlement, aircraft hijacking, bank robbery, counterfeiting and so forth. And because of the gravity of the case, you may want to expect these bonds to be more expensive than the typical bail bonds available.
Number 4. Immigration bonds – this is a bit self explanatory and they’re more complex than an average person thinks. These crimes are intended for foreign nationals and requiring the bail bondsman to take on greater risks, which is why it is more expensive.