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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. On the other hand, depending on the city, state and jurisdiction to which the bonding is taking place, this can have a slight variation. 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 scenario in which the family, family member or defendant has requested to simply pay cash for the bail. As soon as the defendant has completed the probationary terms required of their arrest and showed up to all court hearings, the money will be returned in whole. This is not recommended for average individuals as this type of bail often requires thousands of dollars. Than getting a release from jail, the money can be saved instead for doing immediate and important needs. This type of bail however is pretty popular option among celebrities, elite persons, professional athletes and several other exclusive groups. Number 2. Surety bonds – when planning to get a release from jail, this is yet another option to get. This particular bail bond works when someone is arrested and taken custody, another individual or they themselves might contact an indemnitor such as a bail bondsman to assist them in the bailing process.
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In most instances, such bail bonds have some form 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. This type of bail bond is actually the most popular choice among general population.
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Number 3. Federal bonds – these types aren’t as popular as what the couple of bonds mentioned earlier. This is because of the reason that they’re used only in case a person has committed a federal crime. Crimes like these include tax evasion, kidnapping, embezzlement, aircraft hijacking, bank robbery, counterfeiting and so forth. With the gravity of the case, these bonds are expected to be more expensive than common bail bonds available. Number 4. Immigration bonds – compared to what an average person thinks, this is actually more complex. 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.