There are four main types of bail bonds used in the industry; however, it may differ slightly, depending on the particular jurisdiction, city, and state in which the linking takes place. The four most common known bonds used to obtain a person’s release from jail are bonds, cash bonds, federal bonds, and immigration bonds. Each type of bail has a different method of releasing a person from jail. Read on to learn more about cash, surety, federal, and immigration bonds; as well as how to get one in your particular city or state.
cash bonuses
A cash bail is used in a situation where a defendant, friend, or family member requests to simply pay their bail in cash. Once the defendant completes the required terms of proof of his arrest and shows up for all of his court hearings, the money is returned in full. This is not a recommended option because the bail is usually in the thousands of dollars. This type of cash can be saved for more important or immediate needs; instead of using it to gain a release from jail. This type of bond has been a popular choice for elite individuals, celebrities, professional athletes, and other exclusive groups.
security bonds
Bail bonds are another popular option when it comes to getting released from jail after an arrest. Bail bonds work like this: Once a person is arrested and taken into custody, another person or they themselves can contact a professional indemnifier, such as a bail bondsman, to help with the bail bond process. These types of bonds generally include some form of collateral in the amount of the required bond. This is because the person released on bail will likely have ongoing court stipulations, such as drug testing and counseling, that must be completed or the indemnitor assumes responsibility for the full bail amount. Therefore, the personal bail bond firm will likely have to pay a non-refundable fee (a percentage of the total bail amount) as collateral. This form of bail is more popular among the general population.
Federal Bonds
These bonuses are not as common as the ones mentioned above. This is because they are only used in the case of a federal crime. Crimes such as these include embezzlement, tax evasion, kidnapping, bank robbery, aircraft hijacking, forgery and more. These bonds, for good reason, are more expensive than the other common forms of bail bonds. Using a licensed and experienced bail bondsman for federal bail bonds is highly beneficial and can make a big difference in a person’s bonding process.
Immigration Bonds
Immigration bonuses sound obvious. They are a bit more complicated than the average person would think. They are extremely complicated because they are for crimes involving foreign nationals and non-US citizens. They are expensive, just like federal bonds, because they require a bail bondsman to take a lot of risk. For example, a person who is a citizen of Canada may commit a crime in the United States and then flee back to Canada once released on bail; leaving the bail bond agency responsible for the full bond (which can range from thousands to millions of dollars) because the defendant is not here to serve for his crimes.
Bail bonds can be quite confusing, very understandable; so it is highly recommended that you consult a professional, licensed bail bond agent in your area for accurate information on bail bonds and how they are used in the legal industry.
