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Know Which Bail Bond Services Is Ideal For Your Case There are 4 different kinds of bail bonds used widely in the industry whether you believe it or not. 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. As you read the next lines, you will be able to know more about how every type of bail bond works. Number 1. Cash bonds – this bond is used in a situation to which the family, family member or defendant requested to just pay cash for the pail. The money paid for the bail will be returned in whole as soon as the defendant completes probationary terms required of their arrest and showed up to all court hearings. This isn’t an advisable option as bail is typically 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. However, this type of bail is quite popular option among celebrities, elite persons, professional athletes and several other exclusive groups. Number 2. Surety bonds – another sought after option when talking about getting a release from jail. This bail bond works whenever a person is arrested and taken custody, another individual or themselves may contact an indemnitor such as a bail bondsman to assist them in the bailing process.
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These bail bonds normally include some kind of collateral for the bail amount required. This is primarily because of the reason that the accused will be released on bail and will have ongoing court stipulations like counseling as well as drug testing that should be completed or else, the indmnitor will take the 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 – these are not as popular as what the couple of bonds that are mentioned earlier. The reason for this is that, they are used only in the event that a person has committed federal crime. Crimes like these include tax evasion, kidnapping, embezzlement, aircraft hijacking, bank robbery, counterfeiting and so forth. These bonds are expected to be more expensive than the typical bail bonds available due to the gravity of the case. Number 4. Immigration bonds – this one is self explanatory and they are more complex than what an average person thinks. These are the crimes for foreign nationals and quite expensive in price as well because they require the bail bondsman to take on greater risks.