Different Types of Bail Bonds Explained
When someone you care about is arrested, it’s important to understand the bail bond process and all the different types of bonds. Below are the different types of bonds. This may help you get familiar with the lingo when you speak to a bondsman.
A cash bond is for someone who can pay the entire bail amount by using cash. While these might be the easiest bonds to get, they will also hold up money for bail until the court date. This could pose a problem for the defendant who needs to hire counsel or otherwise needs liquidity. There is no bail bond agency for cash bond.
These are typically high risk bonds which sometimes are very expensive and hard to get. This is not a criminal case bond, but often is imposed alongside a bail bond for those who are charged with foreign national crimes.
This is a type of bond that is issued by a bail agent. This is one to use when a loved one or friend has been arrested and a bail bonds company is called to get them released. Only licensed agents can provide this type of bond. You purchase this type by paying a percentage of the total bail amount, typically 10%.
A federal bond is different than the standard type of bail bond. Federal bail is set by a judge in a courtroom and must be requested by the defendant or the attorney in the case. These are considered a higher risk bond due to the kind of federal crime, and most often come at a higher price than standard bonds.
Rather than using a bondsman, a property bond is secured through real property, generally a house. These are complicated bonds due to the fact that the equity of property needs to be in 150% of the bail amount needed to get released from jail. This bond is using property as a form of collateral.
For additional information on any California bail bond, please call Tonya Page Bail Bonds 24×7 at toll-free 1-877-861-3761.