Different Types of Bail Bonds


Posted November 21, 2018 by abailcojoe

Many things that are more confusing than trying to figure out how a bail bond works.

 
Many things that are more confusing than trying to figure out how a bail bond works. Bail bonds are a form of payment, delivered by an individual accused of a crime, which grants them to leave the jail system for a time until they are officially tried in a court setting. Bail bonds are offered to individuals who cannot meet their bail requirements; those who cannot meet bail may be awarded this provision, which is typically facilitated by a bail bondsman or a bail bond agency.
The type of bail that you will need will vary based on what level, State or Federal, their crime is being prosecuted. Before you decide which type of bail is best for you, it is necessary to understand the basic principles of each one. That’s why we are using our boundless experience to outline each type.

CASH BOND

A cash bond is a mandatory bond that you are required to pay in full before the jail will release you while you wait for trial. If the accused will not appear in court for their hearings, the bail is forfeited and a warrant is issued for their arrest. However, if the defendant complies with the courts and attends all hearings, bail is restituted after the punishment decision of the court.

PROPERTY BOND

Property bond involves a person’s proprietorship as a way to ensure bail payment. Larger items such as a house, car or other property are all at stake. The court puts a claim on the property. Defendants can choose to use their property to act as a bond. Then if the defendant doesn’t show up for his or her court appearances, the court reserves the right to foreclose the property to recover the bail.

PERSONAL RECOGNIZANCE

This kind of bond is used in a very rare instance; a judge can choose to release someone on personal recognizance. It means that the accused is totally responsible for attending court appearances, yet doesn’t have to pay bail to the courts. Should the accused not adhere to these conditions, they will be brought back into custody until trial or judgment day. It’s important to know that personal recognizance bail is considered.

RELEASE ON CITATION

This bond serves as a court summons if a criminal violation is pointed out by the officer. Failure to attend the court hearing can result in legal trouble for the accused, including possible jail imprisonment. As opposed to the previous bail types, release on the citation is reserved for minor violations of the law.

SURETY BOND

A surety bond is defined as a legal three-party agreement that binds together a principal who needs the bond, an obliged individual who requires the bond and a surety company that sells the bond. The bond guarantees the principal will act in accordance with certain laws. If the principal fails to perform in this manner, the bond will cover resulting damages or losses. Someone contacts a bail bond agent who then appears in court with the accused and pledges to pay the full amount if he or she fails to attend their court appearance. The bail bond agency charges the accused a particular premium and has the right to hold possessions as collateral. If the accused doesn’t make their court appearance, there will be more severe legal repercussions.

If you are in need of a bail bond agent in Western New York, A Bail Company, Inc. is ready to help! All of our Bail Bond Agents are New York State Licensed, Bonded and have completed comprehensive background checks. Let one of our Bail Bondsman work with you. Call us at 585-749-7879 today!
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Issued By A Bail Company
Country United States
Categories Law , Legal , Services
Tags bail agency , bail company , bail company in new york
Last Updated November 21, 2018