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Bail Bonds Vs Cash Bail

Bail Bonds Vs Cash Bail

Bail Bonds Vs Cash Bail

You do not have to be an expert to know bail is one of the most common solutions for getting someone out of jail while they are awaiting trial. When people are arrested, they are at risk of losing their homes, their jobs, and other things that are important to them. While out on bail, they can continue working and living a normal life. It is the best way to protect the things the defendant has, the people they love, and their livelihood. When a person is charged with a crime, a bail amount is set to ensure that the person appears in court for his or her trial. This amount can be paid with either cash or bond. Speaking with a bailbondsman in Ori you with the two kinds of bail but sometimes it is difficult to understand the difference between the two.

What is Cash Bail?

Cash bail is an amount set by the court that permits an arrested person to stay out of jail during his/her trial. After the cash bail is paid in full, the inmate is released from custody. The purpose of all bail, whether cash or bond, is to insure that a defendant will appear in court when required. If the defendant fails to appear for trial, the bail is forfeited to the court. The total amount of the cash bail is returned to the person within 60 to 90 days after he or she appears in court.

What is a Bail Bond?

A bail bond (sometimes termed a surety bond) works differently that cash bail. It is a contract between a bond company, the defendant, and a cosigner stating that the defendant will appear for all court dates until the case is closed. A bail bond agency will require the defendant to have a job or a cosigner before they will approve a bail bond. The premium that must be paid for the bond is 10% of the total bail amount and some serious charges may have higher premiums. When the defendant has the option to post a bond rather than cash, it is the most affordable option to choose.

What is a Property Bond?

A property bond uses real property to secure bail for a defendant. The county where the trial takes place puts a lien on the property being used for security. If the defendant fails to appear for trial, the country will foreclose upon the property and sell it.

Why Pay Bail?

No one wants to see a loved one sitting in jail when there is the possibility that they may be bailed out. If you know someone who is in jail and who has not gone to trial, contact a reliable bond company and find out what you have to do to have them released. Visit a bail company's website, review the process, and once you are ready, call an agent and get the process started.

Conclusion

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