There are basically four types of bail bonds in the industry today. It is common for these bail bonds to be differing slightly due to factors like the state, city, and jurisdiction. It is the bail bonds that are used in order for the person to get released from jail. It is the four main types of bail bonds that we will be talking about in this article that will be possible for you to avail.
The cash bail bond is the very first type fo bail bond that you will be able to avail. The moment that the defendant will be asking cash to be paid for his bail, then that is what is called as a cash bond. It is the cash that the person has provided that will be returned to him the moment that he will be able to comply with all of the probationary terms as well as show up at all of the court hearings in court. Since most bail that you will get will reach up to a thousands of dollars, then it is this one that is not recommended all of the time. Rather than spending this cash to get out of jail, you can still use this cash for your important or immediate needs. It is this kind of bail that most people that have enough cash to spend choose to have.
The surety bond so also another type of bond that you can also avail. In order for you to avail of this kind of bind, it is the people that you know that will contact the bail bondsman to assist in the whole process. A collateral is what is also needed that is also the same amount of the required bail. Court litigations, counseling, and drug testing are just some of the process that the detainee should also be undergoing. It is crucial that the person being charged will undergo all of these processes and it is also the bail bondsman that will take full responsibility of the bail amount. That is why the one that will sign in the bail bond will also be paying the bondsman a fee that will be considered as a collateral and this non-refundable. In the community, it is this one that so most commonly use.
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The not so common bond that is being availed is the federal bond. It it is one that is being used for federal cases. Kidnapping, bank robbery, aircraft hi-jacking, embezzlement, tax evasion, counterfeiting, and more are just some of the example of federal cases. It is the federal bonds that are more expensive compared tithe other types. It is also this kind if bonds that you will be needing a good bondsman to take care of the process.
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And the last type of bond is the immigration bond. For crimes that are done by foreign nationals and non-citizens, this bond is what is needed.