The Different Types of Bail Bond Services

There are basically four major kinds of bail bonds services that are widely used in the industry but, they can slightly different depending on the city, state and jurisdiction in which this service will be used. The 4 frequently used bond services to help a person get a temporary release from jail are cash bonds, surety bonds, immigration bonds and federal bonds.

Of course, each bond type has different purpose and use as what mentioned earlier. I strongly suggest that you keep reading if you like to learn more about this.

Number 1. Cash bonds – these bonds are used in instances when the family members, friend or defendant themselves requested to pay their bail in cash. Right after the defendant completed the requirement for the probationary terms of their arrest and showed up in all hearings, the money they paid will be returned. This isn’t recommended however as bail is typically costing thousands of dollars.

Rather than using the money for a release from jail, the money can instead be used for doing more significant or immediate needs. This bond type however is a more popular option amongst the elite, professional athletes, celebrities and several exclusive groups.

Number 2. Surety bonds – after arrest, this is another sought type of bond being used. When talking about surety bonds, when someone is taken into custody, another person or themselves can contact professional indemnitor similar to a bail bondsman to assist them with bail.

Fact is, these are the types of bail bonds that include collateral for the amount of bail required. This is due to the reason that the person being released will likely have court stipulations ongoing like counseling and drug testing that should be completed or perhaps, the indemnitor will be taking responsibility of the bail amount in whole.

Number 3. Federal bonds – now, for these types of bonds, they aren’t as common than the prior mentioned. This is all because of the fact that they will be used in federal crimes including tax evasion, bank robbery, embezzlement, kidnapping, counterfeiting, aircraft hi-jack and so on. For good reasons, these bonds are more expensive in comparison to other types of bail bonds discussed.

Number 4. Immigration bonds – this is somewhat self-explanatory yet, it’s more complex than what average person thinks. They are complicated because it is meant for crimes involving foreign nationals and similar to federal bonds, they are expensive since there’s greater risks to the bail bondsman.

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