bailbondblog

 

There are 4 different kinds of bail bonds used widely in the industry whether you believe it or not. On the other hand, depending on the city, state and jurisdiction to which the bonding is taking place, this can have a slight variation. The 4 most common heard of bail bonds that are used to obtain a release are surety bonds, cash bonds, federal bonds as well as immigration bonds. In the next paragraphs, you're going to learn about how each type of bail bond works.

 

Number 1. Cash bonds - this bond is used in a scenario in which the family, family member or defendant has requested to simply pay cash for the bail. 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 isn't an advisable option as bail is typically thousands of dollars. Than getting a release from jail, the money can be saved instead for doing immediate and important needs. This type of bail however is pretty popular option among celebrities, elite persons, professional athletes and several other exclusive groups.

 

Number 2. Surety bonds - when planning to get a release from jail, this is yet another option to get. This bail bond works when a person is arrested and taken custody, another individual or themselves may contact an indemnitor like a bail bondsman at https://floridabailbonds.com/alachua-county/ to help them in the bail process.

 

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. For more facts about bail bonds, visit this website at http://www.dictionary.com/browse/bail-bond.

 

Number 3. Federal bonds - these types aren't as popular as what the couple of bonds mentioned earlier. This is because of the reason that they're used only in case a person has committed a federal crime. Crimes like these include tax evasion, kidnapping, embezzlement, aircraft hijacking, bank robbery, counterfeiting and so forth. And because of the gravity of the case, you may want to expect these bonds to be more expensive than the typical bail bonds available.

 

 

Number 4. Immigration bonds - this is a bit self explanatory and they're more complex than an average person thinks. These crimes are intended for foreign nationals and requiring the bail bondsman to take on greater risks, which is why it is more expensive.