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Thanks to bails, people can enjoy freedom as they wait for the court to make the final judgment of their cases. There are many bail types that vary significantly according to their regulations, the amount, and purpose.
If you or your dear one has been arrested, you should understand the different bail types so you can choose the correct option and have a smoother process. This article discusses six main bond types.
1. Cash Bail
Cash bail is the standard type of bail bond. As the name implies, the bond is paid with available cash and in full. If the court allows you to pay cash bail, you should pay it immediately. You can pay this type of bail using cash, a check, or a credit card.
Cash bail can quickly free you from jail if you have liquid money. When you pay, you should adhere to the court dates as per the agreement. The court will give you the money back when the case is successfully completed.
2. Property Bond
As the name implies, a property bond comes in the form of collateral. It is an excellent option if you don't have any liquid money to offer.
The property that the court asks for is the collateral. The court gives it back to you only when you successfully adhere to dates that the court sets. Many courts prefer to use land or buildings as property bonds, although some courts may still accept other types of property.
While the cash bail can free you in a few hours, the property bond can take a while to go through due to property valuation processes, inspection, and paperwork.
3. Surety Bond
Bond agencies pay surety bonds with the hope that you will soon get money to repay the money at a commission. For instance, if the court asks you to pay a bond of $100 and you don't have it, you can sign a legal contract with a surety agency for them to pay the court, and then you will repay them later as per the agreement.
Trust is the main aspect of a surety bond. If you skip one of the appointed court dates, the court can authorize your arrest.
4. Immigration Bail Bond
An immigration bond works similarly to regular cash bail. The unique difference between the two is that the immigration bond is meant for non-citizens.
The immigration bond can sometimes be hard to get due to the different laws and regulations of the countries. Nevertheless, you can successfully secure an immigration bond if you work with the right team and follow the court orders.
5. Personal Recognizance Bond
Personal recognizance is a rare type of bond whereby the judge decides to release the suspect without any money. Personal recognizance means that the suspect must attend all the court sessions, yet they do not need to pay any amount of money.
Should the person fail to adhere to the court's orders, then the court may order for their arrest. The personal recognizance bond only applies in low-risk cases.
6. Citation Bond
The citation bond applies when the arresting officer does not take the suspect to court. Instead, the officer writes a citation for the court to schedule a date when you will appear before the court. The citation bond applies to minor violations only.
Don't worry if you need to get any of the above bonds. At Matt McKeehan Bail Bonds, we are ready to restore your peace of mind and help you get a bond. Look no further if you need any type of bond. Contact us to get handy help.
Address: 6754 Caroline Street Milton, FL 32570