Bail bonds have four major types including Cash Bonds, Surety Bonds, Federal Bonds and Immigration Bonds. Each bond will vary depending on the city, state and jurisdiction it takes place. Lawmakers made it in such a way to ensure that every person will be addressed accordingly as per their offense.
Which Bonds to Use for Specific Situation?
As mentioned earlier, there are 4 types of bail bonds and they function differently from each. If you wish to learn more about them, then this article will serve a great resource.
Cash Bonds
This is suggested when a friend, family member or defendant themselves has requested to just pay the bail in cash. As soon as the defendant has completed the demanded probationary terms of arrest and showed up to all hearings of the court, the money will be returned in full.
Common clients of such include well-known personalities like celebrities, athletes as well as elite persons and exclusive groups.
Surety Bonds
This is another sought-after option for those seeking temporary release from jail after an arrest. These bail bonds include some sort of collateral for the bail amount required. The reason for this is that, the person who’s released out of bail will still have ongoing court stipulations similar to counseling and drug testing. This has to be completed. Otherwise, the indemintor will take full responsibility of bail amount whatever amount it is.
Federal Bonds
As the name suggests, these bonds are used in federal crime related cases. Thus, crimes similar to tax evasion, embezzlement, bank robbery, kidnapping, counterfeiting, hijacking and many more are the usual candidates for this bond.
With the severity of the crime committed, the bonds are oftentimes more expensive compared to typical forms of bail bonds.
With the presence of an experienced and reputable bail bondsman makes huge difference in the bonding process of the suspect.
Immigration Bonds
It’s somewhat self-explanatory. These bonds are bit more complex than what average folks think. The reason why it’s complicated is that, this crime involves foreign nationals. Much like federal bonds, it is expensive as it requires the bail bondsman take greater risks on the person filing a bail.