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Different Kinds Of Bail Bond Services You Can Use 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. In the next paragraphs, you’re going to learn about how each 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. 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 type of bail however isn’t for everyone as it often cost thousands of dollars. Than getting a release from jail, the money can be saved instead for doing immediate and important needs. However, this type of bail is quite 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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Normally, these bail bonds include some sort 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. This 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. These crimes can be anything from 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 crimes for foreign nationals and pretty expensive in price as they require the bail bondsman to take on greater risks.