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Different Kinds Of Bail Bond Services You Can Use As a matter of fact, there are 4 different kinds of bail bonds that are used widely in the industry. This can slightly differ on the other hand depending on the city, state and jurisdiction to which the bonding is taking place. In getting a release, the 4 most common heard of bail bonds used are surety bonds, cash bonds, federal bonds as well as immigration bonds. You’re going to learn about how each type of bail bond works in the next lines. Number 1. Cash bonds – when the family, family member or defendant has requested to pay cash for the bail, this bond takes place. Assuming that the defendant was able to complete the probationary terms required of their arrest and showed up to all court hearings, the money paid for the bail is returned in whole. This is not recommended for average individuals as this type of bail often requires thousands of dollars. This kind of cash may be saved instead for more immediate and important needs than just using it to get a release from jail. On the other hand, many celebrities, elite persons, professional athletes and several other exclusive groups are using this kind of bail. Number 2. Surety bonds – another sought after option when talking about getting a release from jail. This bail bond works when a person is arrested and taken custody, another individual or themselves may contact an indemnitor like a bail bondsman to help them in the bail process.
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These bail bonds normally include some kind of collateral for the bail amount required. This is mainly because of the reason that the individual being released on bail likely have ongoing court stipulations similar to counseling and drug testing that should be completed or else, it is the indmnitor who will take the full responsibility of the entire bail amount. Among general population, this type of bail bond is actually the most popular.
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Number 3. Federal bonds – compared to the first two bonds discussed, these types are not as popular. This is due to the reason that they are only used in case that a person has committed federal crime. These crimes can be anything from tax evasion, kidnapping, embezzlement, aircraft hijacking, bank robbery, counterfeiting and so forth. And because of the gravity of the case, you may want to expect these bonds to be more expensive than the typical bail bonds available. Number 4. Immigration bonds – this is a bit self explanatory and they’re more complex than an average person thinks. These are crimes for foreign nationals and pretty expensive in price as they require the bail bondsman to take on greater risks.