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Know Which Bail Bond Services Is Ideal For Your Case Whether you believe it or not, there are 4 types of bail bonds used widely in the industry. On the other hand, this can slightly differ depending on the city, state and jurisdiction to which the bonding is taking place. Surety bonds, cash bonds, federal bonds as well as immigration bonds are actually the 4 most common heard of bail bonds used to get a release. 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 – when the family, family member or defendant has requested to pay cash for the bail, this bond takes place. 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 type of bail however isn’t for everyone as it often cost 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. 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 due to the reason that the individual being released on bail will likely have ongoing court stipulations similar to counseling and drug testing that should be completed or else, the indmnitor will take the responsibility of the entire bail amount. This bail bond is actually the most popular choice among general population.
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Number 3. Federal bonds – these are not as popular as what the couple of bonds that are mentioned earlier. This is due to the reason that they are only used in case that a person has committed federal crime. Crimes like these include 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 one is self explanatory and they are more complex than what an average person thinks. These crimes are intended for foreign nationals and requiring the bail bondsman to take on greater risks, which is why it is more expensive.