Different Types of Bail Bonds
- Surety Bonds – Used when the bail set by a judge is too high to be paid with cash. This is the most typical form of a bail bond.
- Property Bonds – This allows the courts to issue a lien on real property in the total amount of the bail. This is typically a much longer process than a run of the mill bail bond and is often likened to having a home in escrow. If the defendant does not show up to court when a property bond is enacted, foreclosure of the home or property can be initiated.
- Cash Bail – Those who have the money can forego the bond process entirely and simply take the entire bail amount ($40,000 in our example above) and pay the clerk at the jail. Once the defendant has met their court obligations and been exonerated of all charges, the full amount (minus any administration fees) will be returned.
It should be noted, though, that it often takes many months for the full amount of a cash bond to be returned to an individual once the court process is complete.
That is why the vast majority of people choose to go through a bail bondsman and get the entire process over and done with much faster (and often cheaper, too!)
Call us for additional information on the different types of bonds available to you at 855-414-2245.