General

What Are the Various Types of Bail Bonds?

Being in jail for even one night is no walk in the park. If you have a friend or family member who you suddenly discover has been arrested, you will likely want to do anything in your power to get him or her released. Naturally, you are at the mercy of the judicial system here. You will need to wait to get information and then be ready to help the person possibly post bail when it is granted. If you can do this, the arrested individual can often be released inside of a few hours. However, even the bail system itself can seem rather complex. Continue reading to discover some of the different types of bail bonds that there are out there.

A Surety Bond

What do you when bail is set for more than you can afford to pay in cash? You might feel hopeless in such a situation, but you shouldn’t. There is the possibility of a surety bond, as offered by 24 hour bail bonds denver co. For this, you can use your own personal assets as a guarantee against your bail. You will give access to those assets to the bail bond company who will then pay the cash to the court on your behalf. After that, you will work with the bail bond company to get your bail back once all of the court-ordered requirements have been fulfilled. You will need to pay a few to the company for this service.

Cash Bond

Depending on the nature of the crime, bail might actually be set quite low. In that event, cash can be paid and the person released right away. For this, you may or may not need the services of a bail bondsman. It all depends on personal circumstances and what type of flight risk the accused poses.

These are just a couple of the many types of bail bonds that you will want to know about. There is always the possibility that the person accused of a crime may be released on his or her own recognizance. This means that no cash will be paid, but certain conditions must be met in order to remain free pending trial.