You can find four main types of bail bonds used in the industry; however, it could differ slightly, with respect to the particular jurisdiction, city, and declare that the bonding is taking place. The four most common heard-of bail bonds used to obtain a person's release from jail are surety bonds, cash bonds, federal bonds, and immigration bonds. Each type of bond includes a different way of releasing a person from jail. Continue reading to find out about cash, surety, federal, and immigrations bonds; as well as, how to obtain one in your particular city or state.
Cash Bonds
A cash bond is used in a predicament each time a defendant, friend, or member of the family requests to simply pay cash for his or her bail. After the defendant completes the mandatory probationary terms of the arrest, and shows up to any or all their court hearings, the cash is returned in whole. This isn't a recommended option because bail is normally tens and thousands of dollars. This sort of cash can be saved for more important or immediate needs; as opposed to deploying it to obtain a discharge from jail. This sort of bond is a popular choice for elite persons, celebrities, professional athletes, and other exclusive groups.
Surety Bonds
Surety bonds are another popular choice in regards to obtaining a discharge from jail following an arrest. Surety bonds work similar to this: once a person is arrested and taken into custody, someone else or themselves can contact a specialist indemnitor, like a bail bondsman, to help in the bail process. These kind of bail bonds usually include some type of collateral for the mandatory bail amount. This is because the person being released on bail will most likely have ongoing court stipulations, such as drug testing and counseling, that really must be completed or the indemnitor assumes the responsibility of the entire bail amount. So the non-public signing for the bail bond will most likely have to pay for a non-refundable fee (a percentage of the full bail amount) while the collateral. This kind of bail bond is most popular among the overall population.
Federal Bonds
These bonds aren't as common as the people mentioned above. This really is as they are only used in case of a federal crime. Crimes such as these generally include embezzlement, tax evasion, kidnapping, bank robbery, aircraft hi-jacking, counterfeiting, and more. These bonds, for justification, are more expensive compared to other common kinds of bail bonds. Using a reputable and experienced bail bondsman for federal bonds is extremely beneficial and may make a positive change in a person's bonding process. bonds
Immigration Bonds
Immigration bonds sound self-explanatory. They are a little more complicated than the typical average person would think. They are extremely complicated as they are for crimes that involve foreign nationals and non-us citizens. They are expensive, the same as federal bonds, because they require a bail bondsman to take on a great deal of risk. For examples, a person that's a citizen of Canada can commit an offense in the United States, then flee back again to Canada once on bail; leaving the bail bond agency accountable for the full bond (which can vary from thousands to an incredible number of dollars) since the defendant is not here to serve for his or her crimes.
Bail bonds can be quite confusing, most understandable; which is why it is strongly suggested to consult a specialist and licensed bail bond agent in your town to give you accurate home elevators bail bonds and how they are used in the legal industry.
