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This security is called a Bail Bond, and it must usually be turned over to the court in the form of cash, property, a signature bond, a secured bond through a surety company, or a combination of forms.
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Continue reading to learn more about cash, surety, federal, and immigrations bonds; as well as, how to obtain one in your particular city or state.
  
Bail bonds are usually set during a formal procedure called a bail hearing. When the Judge meets with the accused person (Defendant) and hears information about whether or not it is appropriate to set bail, this is. If certain types of bail bonds are being considered, like a secured bond or property bond, the Judge will consider information about the Defendant's financial resources and the sources of whatever property or funds will be used as collateral for the bail bond. They are considered as a Surety and their financial [http://hfxshop.com/comment/html/?48316.html affordable bail bonds] situation will also be considered if anyone else will be posting bail for the Defendant.
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Cash Bonds
  
If a Surety is involved in providing bail, he must be present at the bail hearing along with the Defendant, and the Judge will inform both of them about their various obligations and responsibilities. It is very important to note that if the Defendant does not fulfill his responsibilities and appear for subsequent hearings and court dates, or if he violates any conditions of his release, the bail may be revoked and forfeited. It is very important that the Surety has confidence in the Defendant before posting bail.
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A cash bond is used in a situation when a defendant, friend, or family  member requests to simply pay cash for their bail. Once the defendant completes the required probationary terms of their arrest, and shows up to all their court hearings, the money is returned in whole. Because bail is usually thousands of dollars, this is not a recommended option. This type of cash can be saved for more immediate or important needs; rather than using it to obtain a release from jail. This type of bond has been a popular choice for elite persons, celebrities, professional athletes, and other exclusive groups.
  
Once the bail has been set, it is important to understand the various bail options. "Cash" bail may include cash, but it can usually also be paid by certified checks, cashier' s checks or money orders. It is very important for whoever posts the cash bail to keep the receipt they receive so that they will be able to collect their refund once the terms of the bail have been met. Depending on the amount of cash bail, it may also be necessary for the Defendant or Surety to complete tax forms like IRS Form W-9.
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Surety Bonds
  
Unlike cash bail, signature bonds mean that a Defendant does not need to post any funds or property as security. Usually the Defendant only needs to sign the proper forms for the court clerk in order to be released. But it is very important to pay close attention to any conditions or instructions that the Judge has given to be sure that Defendant understands exactly what he must do so that his bail is not revoked.
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When it comes to obtaining a release from jail following an arrest, Surety bonds are another popular choice. Surety bonds work like this: once a person is arrested and taken into custody, another person or themselves can contact a professional indemnitor, such as a bail bondsman, to assist in the bail process. These types of bail bonds usually include some form of collateral for the required bail [http://wittwertrainingsystems.com/forum/discussion/494755/affordable-bail-bonds#Item_1 bail bonds bradenton] amount. This is because the person being released on bail will most likely have ongoing court stipulations, such as drug testing and counseling, that must be completed or the indemnitor takes on the responsibility of the entire bail amount. The personal signing for the bail bond will most likely have to pay a non-refundable fee (a percentage of the full bail amount) as the collateral. This form of bail bond is most popular among the general population.
  
Corporate Surety Bonds are bail bonds that are secured by Bail bondsmen. Usually the Defendant or the Surety pays 10% of the total bail amount to the bondsman, and the Defendant or the Surety must have sufficient financial assets that they could pay the remainder of the bond if the bail is revoked or if the Defendant does not meet the conditions of his bail. Even if the Defendant does meet all of his bail conditions, the 10% remains the property of the bail bondsman and is not returned to the defendant.
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Federal Bonds
  
Sometimes a Judge may approve Property bonds as collateral to secure a bond. Usually the Judge will require that the Defendant or Surety provide proof of ownership of the property, as well as an appraisal of value, and a list of any existing claims or other encumbrances against the property.
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These bonds are not as common as the ones mentioned above. This is because they are only used in the case of a federal crime. Crimes such as these include embezzlement, tax evasion, kidnapping, bank robbery, aircraft hi-jacking, counterfeiting, and more. These bonds, for good reason, are more expensive than the other common forms of bail bonds. Using an experienced and reputable bail bondsman for federal bonds is very beneficial and can make a big difference in a person's bonding process.
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Immigration Bonds
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Immigration bonds sound self-explanatory. They are a little more complicated than the average person would think. Because they are for crimes that involve non-us citizens and foreign nationals, they are extremely complicated. They are expensive, just like federal bonds, because they require a bail bondsman to take on a great deal of risk. A person that is a citizen of Canada can commit a crime in the United States, then flee back to Canada once out on bail; leaving the bail bond agency responsible for the full bond (which can range from thousands to millions of dollars) because the defendant is not here to serve for their crimes.
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Bail bonds can be quite confusing, most understandable; which is why it is highly recommended to consult a licensed and professional bail bond agent in your area to give you accurate information on bail bonds and how they are used in the legal industry
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The four most common heard-of bail bonds used to obtain a person's release from jail are surety bonds, cash bonds, federal bonds, and immigration bonds.

Aktuelle Version vom 16. November 2017, 20:39 Uhr

Continue reading to learn more about cash, surety, federal, and immigrations bonds; as well as, how to obtain one in your particular city or state.

Cash Bonds

A cash bond is used in a situation when a defendant, friend, or family member requests to simply pay cash for their bail. Once the defendant completes the required probationary terms of their arrest, and shows up to all their court hearings, the money is returned in whole. Because bail is usually thousands of dollars, this is not a recommended option. This type of cash can be saved for more immediate or important needs; rather than using it to obtain a release from jail. This type of bond has been a popular choice for elite persons, celebrities, professional athletes, and other exclusive groups.

Surety Bonds

When it comes to obtaining a release from jail following an arrest, Surety bonds are another popular choice. Surety bonds work like this: once a person is arrested and taken into custody, another person or themselves can contact a professional indemnitor, such as a bail bondsman, to assist in the bail process. These types of bail bonds usually include some form of collateral for the required bail bail bonds bradenton amount. This is because the person being released on bail will most likely have ongoing court stipulations, such as drug testing and counseling, that must be completed or the indemnitor takes on the responsibility of the entire bail amount. The personal signing for the bail bond will most likely have to pay a non-refundable fee (a percentage of the full bail amount) as the collateral. This form of bail bond is most popular among the general population.

Federal Bonds

These bonds are not as common as the ones mentioned above. This is because they are only used in the case of a federal crime. Crimes such as these include embezzlement, tax evasion, kidnapping, bank robbery, aircraft hi-jacking, counterfeiting, and more. These bonds, for good reason, are more expensive than the other common forms of bail bonds. Using an experienced and reputable bail bondsman for federal bonds is very beneficial and can make a big difference in a person's bonding process.

Immigration Bonds

Immigration bonds sound self-explanatory. They are a little more complicated than the average person would think. Because they are for crimes that involve non-us citizens and foreign nationals, they are extremely complicated. They are expensive, just like federal bonds, because they require a bail bondsman to take on a great deal of risk. A person that is a citizen of Canada can commit a crime in the United States, then flee back to Canada once out on bail; leaving the bail bond agency responsible for the full bond (which can range from thousands to millions of dollars) because the defendant is not here to serve for their crimes.

Bail bonds can be quite confusing, most understandable; which is why it is highly recommended to consult a licensed and professional bail bond agent in your area to give you accurate information on bail bonds and how they are used in the legal industry


The four most common heard-of bail bonds used to obtain a person's release from jail are surety bonds, cash bonds, federal bonds, and immigration bonds.