When it comes to bail bonds, there are four types that you can access in the industry. However, you will find that there are some differences depending on the jurisdiction and the location where the bonding is happening. The main type of bonds that are used in securing a person’s freedom from jail includes cash bonds, federal bonds, immigration, and surety bonds. Each of the bonds has a different method of securing your freedom from jail. The knowledge of the details involved with each will help you obtain the bond you need in the different locations and situations.
Cash bonds are used in the situation where the defendant or their family or friends requests to pay the bond in cash. If the defendant meets their probation terms and shows] up for their hearings in court as instructed, the money will be returned in whole. However, this option does not always work for, many people because the bail could be a lot of money. This kind of bail is ideal for people that are elite and those of the celebrity status and many other exclusive groups.
A surety bond is another option you can try, it popular with many people, if you have been arrested, here you will just contact a bail bondsman that will assist in the process of bail. This type of bond will require some collateral. The reason behind it is because the defendant will most likely have an ongoing court case that they can’t fail to comply with otherwise the whole liability falls on the bondsman. The company offering the bail is very cautious and will do their due diligence on you before they offer you the bail. In some cases, if to them you appear to be too risky they might decline to offer you bail. Be sure to check it out!
Federal bonds, on the other hand, are not as common as the first two. They are only used in federal crimes. The bonds are very expensive and for a good reason. If you have been accused of a federal crime you will need to get an experienced bondsman for federal bonds as that will determine the entire process of getting the bail. Get more info here!
As for immigration bonds, they happen to be a little more complex than one would imagine. Their complex nature comes in because they involve foreign nationals or people that are not citizens of the country they are being held in. They are also very expensive because the bondsman will be taking a huge risk. To gain more knowledge on the importance of bail bonds, visit http://www.dictionary.com/browse/bail-bondsman.