What Are The Different Types of Bail Bonds

Fort Lauderdale Bail Bond News: What Are The Different Types of Bail Bonds

There are seven different types of bail. Each type has its very own set of rules, regulations, laws and purpose. Those seven different types are as follows:

Surety Bonds
Cash Bail Bonds
Property Bonds
Citation Release
Recognizance Release
Immigration Bail Bonds
Federal Bail Bonds

Surety Bonds

In a surety bond, the bail bond agency pays the entirety of the bail amount under the legally binding assumption that the defendant will pay them back in full. This type of bail bond usually costs the defendant 10 percent of the cost of their bail up-front for incentive purposes (and to guarantee that the bail bond agency receives at least part of their investment back).

The surety bond process often goes as follows:

You get arrested
Bail is set by a judge
You contact Anytime Bail Bonding, Inc.
You’re informed you of all your financial obligations
We pay your bail after you pay the required fees
You are then free to go under the assumption that you will show up for all your appointed court dates. Otherwise, you will be skipping bail, and there will be a warrant placed for your immediate arrest.

Cash Bail Bonds

Cash bail bonds are exactly what they sound like: bail bonds paid, in full, with cash money. If you have enough cash to pay your bail, then getting out of jail becomes a relatively simple task. Once you have successfully attended all of your appointed court dates, and your case has ended, you will get your bail money back. Think of cash bail bonds as providing yourself with an incentive to make sure you attend all required court dates during your case.

Property Bonds

Property bonds are not legal or accepted in every single state in the United States. These bonds are just what they sound like: bail bonds paid for by property collateral.

To set up a property bond in Georgia, the full rights of the property in question must be used as collateral (you can’t use partial properties in these situations). Real estate is the most common type of property bond, but other types are possible.

The biggest difference between a regular surety bail bond and a property bond is the time it takes to get everything settled. Surety bonds can be settled in hours, property bonds can take weeks. There are several reasons behind this, but the most common reason property bonds take longer are due to inspections and paperwork.

Citation Release

Citation release bonds are always given at the discretion of the citing officer. These types of bonds are for written legal citations and nothing more. For a citation release, all one must do is pay the citation in full. Once paid, you will be free to go. These are probably the best and easiest type of bail bonds available. Unfortunately, only the arresting officer can issue such a bond.

Recognizance Release

Recognizance release bonds are possibly the second most desirable type of bail. Release on your recognizance means that the judge has determined that you, the defendant, in this case, has been granted freedom on trust alone. In other words, defendants released on recognizance are free to await trial from home without needing to pay any bail at all.

Immigration Bail Bonds

Immigration bail bonds are another easy-to-understand type of bond. Basically, they work the same as regular bail bonds. However, immigration bonds are made for those that are not citizens of the United States. Because of the international nature and laws associated with immigration bail bonds, they are often arduous and difficult to complete. If you need help with immigration bonds of any kind, please do not hesitate to give 2Guns Fancy Bail Bonds a call.

Federal Bail Bonds

Like immigration bail bonds, federal bail bonds are another easy-to-understand type of bond. They work the same as regular bonds but are used for federal crimes rather than regular criminal offenses or citations. If you have been arrested and accused of a federal crime and need help navigating the complexities of them, then please call our team of bail professionals at 954-665-8625.