However hard we try we may get ourselves in the unfortunate circumstances where we have been accused and have been taken to court. Depending on the offence committed one can get bail and be free during the period of trial. Hence bail can be described as an assurance deposited by the accused in a bank to gin freedom until the next hearing of their case. These are security measures that the court imposes to ensure the accused person comes to court on the next agreed date of hearing of his or her case. Depending on the nature of the case the bail set may be too high and this is where the bond comes into play. What happens is the accused is allowed to pay a percentage of the bail for example 20% and the rest is given in form of a bond. A bail bonds agent gets profits on the interest levied on the bond offered. The court reimburses the amount on put in bonds once the accused has fulfilled his obligations. There are several types of bail bonds available that can help you get out of jail.
Types of bail bonds available
Cash bail bonds-This type of bond is imposed on a defendant who the court feels they can trust but has however been accused of committing a serious crime. For those who have committed less serious crimes and are deemed not to pose a huge risk to the public the bond amount is not set so high. However for those who have committed very serious crimes and are a threat to the public around them are charged a very high cash fee. In this instant this is where the defendant has to look for a bail bondsman from an agency to help them with the cash bond.
Immigration bails bond-When you travel to another country and get accused of a crime then this is the bond that you are charged. Getting such a bond is really difficult owing to the fact you are a foreigner. This bond becomes very expensive to obtain due to the risks it poses to the agencies and the bail bondsman risk assessment.
Bail bond in form of surety-This bond can be described as a bond with strings attached since it comes with a set of rules and regulations attached. This set of rules is meant to be satisfied by the accused as form of compensation towards the person making a claim otherwise known as the claimant. The other form of surety is where the bails bond agent has set conditions for release such as rehabilitation treatment programs.
Federal bail is another form of bond which can be used to secure release from the courts. It is used when the accused has committed crimes classified as federal crimes. These kinds of bonds are normally very expensive hence most agencies are not comfortable with them or shy away from them. This is because the recovery process and the proceedings of this kind of cases are very complex .Other than that the proceedings may take very long to complete and may be spread across several states.
Unsecured bonds do not involve any money however it is a kind of contract or agreement signed with the court. It shows a commitment to pay if one does not make an appearance at the court on the date of hearing or mention of the case.
Property bond is the kind of bond the defendant commits his property for foreclosure should he skip bail. It is a risky kind of bond if the defendant does not appear in court he can lose property that is worth so much.