Types Of Bail Bonds

EightBallBailWhen being accused for a crime, the defendant is required to pay a bail bond in order to them to be released during the proceedings. And, this bail can be given back when the defendant is acquitted or perhaps if the case is dropped. However, there are numerous bail bonds defendants can provide. Below are the following.

Cash Bond

Cash bond is a method wherein the defendant pays hard cash for the full amount of the bail. Fortunately, individuals who pay a cash bail can receive a refund after paying it, but the court will keep a portion of the money for administrative fees and may take several months to issue the refund.

Surety Bond

Surety bond is a safest and easiest method for a jail release. And, this method is often used when the defendant cannot afford to pay his or her total bail in cash or does not want to risk the forfeiture of a cash bond.

Personal Bond

A personal bonds method is wherein a defendant needs to provide a small upfront cost with the assumption that he or she will appear at the scheduled court date. However, this bond is only granted to defendants who are judged to present no danger to others and are considering a very low flight risk.

Property Bond

When making use of property bond, the defendant provides the court with property as a form of bail bond. But, the property must be valued at least twice as high as the bail amount.

Trivia Info Source From: www.eightballbail.com

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