May 28, 2024

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A Guide to Different Types of Bail Bonds

A Guide to Different Types of Bail Bonds

Getting out of jail requires a bail bond. Bail bonds come in several forms: Cash bail, Surety bond, unsecured bond, and a citation release. Here’s a guide to each type. When choosing Mercer county bail bonds, understand the difference between each type and why each may be appropriate for you. There are many benefits to each type, so make sure to read all the details.

Cash bail

There are two main types of bail bonds: cash and property. Cash bail bonds are paid in full using cash, usually only available to wealthy individuals or their family members. The money is returned once the defendant appears in court and has completed their case. On the other hand, property bonds require a person to put up property as collateral. If the defendant defaults on bail, the court may foreclose on the property.

Property bonds are not widely used in all states. Like cash bonds, property bonds require the defendant to pledge property as collateral. However, these bonds generally take longer to process because they must be valued at twice the original bail amount. If you want to use this option, contact a local bail bonding company to find out more about the requirements. Regardless of the type of bail bond you need, there are many options.

Surety bond

A bail bond is an agreement between a defendant and a bail bondsman to ensure that the defendant will appear on all court dates. Often, the bond amount is well above the average person’s means. To avoid such situations, defendants may choose to use a surety bond. A surety bond uses the property as collateral. A warrant for arrest will be issued if a defendant fails to appear in court.

A surety bond is more complicated than a cash bail bond. A surety company provides money to a bail bond agent in exchange for the accused’s release from jail. A bail bondsman works with a bail company to secure a bond for a client. Once a client agrees to work with a bail bond agent, the bail bondsman will contact a surety company for a cash bond. Upon the defendant’s release from jail, the surety company will return the money to the court.

Unsecured bond

Unsecured bail bonds are like the signature bail and release on own recognizance (ROR) bonds but without cash security. Instead, the defendant signs a security interest document in return for a release. If the defendant fails to appear in court, the security interest is returned to the bailor. This bond is often granted for minor offenses such as simple possession of marijuana or drunk driving. An unsecured bond is a popular choice among criminals who aren’t afraid of the risk of losing their money or property.

Unsecured bail bonds are popular with those who cannot afford to put up any collateral. Since unsecured bail bonds don’t require any collateral, they’re best for low-level crimes where the defendant is not charged with serious crimes. If the suspect doesn’t appear for whatever reason, the bail bond agent can forfeit the money. A failure to appear charge means the defendant will face additional jail time. It makes it difficult for someone who doesn’t have much money to pay bonds a viable option.

Citation release

Citation-release bail bonds are the easiest to get and depend solely on the arresting officer’s discretion. These bonds are issued when a defendant receives a written legal citation and can pay it in full. These are the most popular types of bail bonds and can be easily obtained. The only requirement is that the defendant appears in court and not engage in further criminal activity. The second most popular type of bail bond is recognizance release. In this case, the defendant can await trial from the comfort of their own home.

The benefits of posting a bail bond include the freedom to choose a lawyer and take part in the legal defense. In addition, the defendant can return to their normal life while waiting for the trial. The court process can last weeks or even months. A citation release bail bond is California’s most common type of bail bond. This type of bond is typically for minor crimes. Its purpose is to reduce the number of people who spend time in jail.