Bail Bond and Types of Bail Bond
A bail bond is an agreement between a defendant and the court that they will show up for all their scheduled court appearances. There are different types of bonds, including cash, property, immigration, and federal. If a person does not appear for their court dates, the bail money or collateral is forfeited and a warrant for their arrest is issued. It is best to find a friend or family member who is willing to pay for the bond in case you do not show up for court.
Bail allows a defendant to stay out of jail while they await their trial, which can be important for their work, family, and personal life. The amount of bail is set by a judge, who takes into account the severity of the crime and whether or not the defendant poses a flight risk. If the court believes that the defendant will flee they can decide to not allow them to post bail and keep them in jail until their trial or accept a plea deal.
When a defendant cannot afford to pay their full bail amount they can hire a bail bondsman to do so on their behalf. A bail bonds is a person who promises the court that they will pay the defendant’s bail in exchange for a fee. The fee that a bail bondsman charges is based on the defendant’s financial status and is generally 10% of the total bond amount.
What is Bail Bond and Types of Bail Bond?
There are different types of bail bond, including cash, property, and surety bonds. In a cash bond, the defendant pays the entire bail amount directly to the court. This type of bond is usually only used for very large bail amounts. In a property bond, the defendant pledges property, such as a house or car, as collateral for the bail. If the defendant does not show up for all of their court dates, the property is taken by the courts and sold to recover the sum of the bond.
Surety bonds are the most common type of bail bond, and they are usually obtained through a licensed bail agent or company. A surety bond is backed by an insurance company and the bail bondsman guarantees to the court that they will pay the full value of the bail amount if the defendant does not show up for their court appearances. This type of bond is less expensive than a cash or property bond, and it can be more affordable for those who do not have the money to cover their full bail amount.
A release on citation is a form of bail that does not require any cash or property. This is most often used for traffic offenses. The officer who arrests the defendant will cite them, which is like giving them a ticket, and will require that they promise to attend all of their court dates. This type of bond is most often used in minor cases. If the defendant does not show up for their court date, they will be arrested and charged with a new crime.