A bail bond is the amount of money that is paid in order to release a defendant from jail. However, the bond requires the defendant to appear in all court hearings for his case. A bail bondsman will pay the sum as a surety that his client will attend all hearings. However, it is not that simple. The defendant’s party or family should pay a premium to the bondsman, and provide a list of assets and other belongings that may serve as collateral.
If you know someone who is in jail, and is waiting for trial, you can help him by posting the bail. Here are some of the types of bail bonds available:
- Cash Bond – The cash bond is the most popular form of bail bond. Here, a person would pay the bail set by the court in hard cash. Immediately after, the defendant will be released from jail.
- Surety Bond – A surety bond is where bail bondsmen operate. In the event that the defendant is unable to pay the cash bond, his party may get a bail bondsman who will pay the bond on behalf of the defendant. In these cases, the bondsman requires a small premium from the family or party of the defendant, as payment for the service.
- Property Bond – A property bond is simply a bond where property is the collateral. In this type of bond, the defendant’s party may present a property that the court can take over if the person fails to appear in all court hearings. However, one disadvantage of property bonds is that they are more difficult to prepare, and it usually takes some time before the property can be presented as bond.
- Personal Bond – This one will release a defendant from jail even without paying the full amount of the bail. However, this type of bond requires that the person does not post any threat to society, or he is highly unlikely to miss court hearings. When such requirements are met, the defendant may only be required to pay a small upfront fee.
These are four of the most common types of bail bonds. These are options that the defendant may avail in such situations. If he does not want to spend time in jail, and there’s a big chance he doesn’t, he should post any of these bail bonds with approval from the court.
Getting in jail is not a laughing matter. It will require a lot from the defendant’s side to take him out, and to make sure that he does not return to the jail. In addition, they will also need to hire a defense attorney for the case. Under such circumstances, it is nice to know that even without hard cash on hand, a defendant may still be able to pay bail bond with the help of bail bondsmen.
Are you in this kind of situation right now? Seek the help of experienced and professional bail bondsmen at www.bailbondstorrance.net