What Research About Services Can Teach You

4 Types Of Bail Bond Services Whether you believe it or not, there are 4 types of bail bonds used widely in the industry. On the other hand, depending on the city, state and jurisdiction to which the bonding is taking place, this can have a slight variation. Surety bonds, cash bonds, federal bonds as well as immigration bonds are actually the 4 most common heard of bail bonds used to get a release. As you read the next lines, you will be able to know more about how every type of bail bond works. Number 1. Cash bonds – when the family, family member or defendant has requested to pay cash for the bail, this bond takes place. The money paid for the bail will be returned in whole as soon as the defendant completes probationary terms required of their arrest and showed up to all court hearings. This type of bail however isn’t for everyone as it often cost thousands of dollars. Than getting a release from jail, the money can be saved instead for doing immediate and important needs. On the other hand, many celebrities, elite persons, professional athletes and several other exclusive groups are using this kind of bail. Number 2. Surety bonds – another sought after option when talking about getting a release from jail. This bail bond works whenever a person is arrested and taken custody, another individual or themselves may contact an indemnitor such as a bail bondsman to assist them in the bailing process.
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These bail bonds normally include some kind of collateral for the bail amount required. This is primarily because of the reason that the accused will be released on bail and will have ongoing court stipulations like counseling as well as drug testing that should be completed or else, the indmnitor will take the responsibility of the entire bail amount. This type of bail bond is actually the most popular choice among general population.
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Number 3. Federal bonds – compared to the first two bonds discussed, these types are not as popular. The reason for this is that, they are used only in the event that a person has committed federal crime. Crimes like these include tax evasion, kidnapping, embezzlement, aircraft hijacking, bank robbery, counterfeiting and so forth. These bonds are expected to be more expensive than the typical bail bonds available due to the gravity of the case. Number 4. Immigration bonds – compared to what an average person thinks, this is actually more complex. These are crimes for foreign nationals and pretty expensive in price as they require the bail bondsman to take on greater risks.