What is a Bail Bond?

| Friday 3 December 2010

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Bail bonds are an effective instrument used for getting out of an imprisonment. When a person is jailed on the charges of a criminal offense, he or she is liable to serve the imprisonment. Bail may or may not be provided on the basis of the extent of the criminal activity. In the absence of a bail bond, it would be quite difficult to seek immediate release from the jail. In case the crime is heinous, the defendant is considered as a repeat offender. There could be so many other reasons that may compel law enforcers to deny the bail right to the accused.

Types of Bail Bonds:

Cash Bail Bonds:
In this procedure, entire cash bond needs to be purchased for granting freedom to the defendant. While buying the bond, the family or friends of defendant needs to contact expert bail bondman who can negotiate the amount of bond with the legal system. A bondsman usually charges a sum of money for his or her services.

Surety Bail Bonds:
In case of a surety bond, the bondsman needs a premium against the bond. A particular percentage of money has to be charged for getting the bond for the accused.

Property Bail Bonds:
In case of a property bond, the defendant's family needs to be keep a collateral mainly in a form of a property for the bond. The court will forfeit the property and put it on sale in case the defendant fails to meet the monetary obligations until the further hearings on this case.




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