Bonds 101: A Guide to the Different Types of Bonds

by | Jan 17, 2022 | Bail Bonds

Bonds are a great way to get yourself or a loved one out of jail quickly. Different bond types are available depending on the charges and financial circumstances of the defendant. You have the option of hiring a bail bond company to post your bail or using cash, property, or recognizance bonds. Learn about the many bond types and which one is ideal for ensuring your or a loved one’s freedom.

Personal Recognizance

You don’t have to pay anything and can wait for court hearings from home. You must, however, appear in court; failing to do so will result in your arrest and incarceration until your trial. Only minor criminal charges and low-risk cases are eligible for personal recognizance. A defendant who poses a high danger of fleeing or who is a danger to others is not eligible.

Cash Bond

You must pay your bail in cash, as the term implies. People who have the money to bail themselves or their loved ones out of jail might consider cash bonds. These bonds serve as a motivator to attend all court appearances in a case.

After successfully attending all hearings and case conclusion, you will receive your money returned. Failure to appear in court can result in the forfeiture of bail and the issue of an arrest warrant.

Surety Bond

A surety bond, also known as a bail bond, is one of the best and safest ways to ensure a loved one’s release from jail. If you can’t pay cash bail, you can use a bail bond company to post your bail in exchange for a fee — usually 10% of the total bail amount. You must appear at all scheduled court dates if you have a surety bond.

Property Bonds

Although not all states accept these bonds, they include the use of property as security for bail, most commonly real estate. The property should, in theory, be worth twice as much as the bail. If the defendant fails to appear in court, the court may seize the defendant’s property in order to pay the bond amount.

The completion time is the most significant distinction between a property bond and a surety bond. While a surety bond can be settled in hours and a person released from jail, a property bond might take weeks to complete due to the inspections, appraisals, and documentation required.

While property bonds can be beneficial, they should be approached with caution. After you’ve resolved your legal issues, losing your home, vehicle, or land might have a negative impact on your finances.

Citation Release

To liberate an accused person, an arresting officer can issue a legal citation. You will not be taken into custody if you receive a citation for a traffic violation. Failure to appear in court can result in arrest and the loss of your driver’s license.

Immigration Bail Bonds

Immigrants and non-citizens of the United States will benefit from these bonds. They are used to secure a person’s release from the Immigration and Customs Enforcement Department’s detention.

An immigration bond, like a surety bond, entails a bail bond agency posting the bail and you paying a fee for the service. Nonetheless, because of their transnational nature, immigrant ties are complicated and necessitate the expertise of persons who are familiar with these types of bonds.

Alliance Bail Bonds has over 25 years of experience bailing people or yourself out of jail. If you suddenly find yourself under arrest, don’t panic or be scared. Reach out to us anytime day or night and you will be home with your family and friends before you know it. Contact us at (386)-257-5116 we service all of Volusia County such as Daytona Beach, Daytona Beach Shores, DeBary, DeLand, DeLeon Springs, Deltona, Edgewater, Glencoe, Holly Hill, Lake Helen, New Smyrna Beach, Oak Hill, Orange City, Ormond Beach, Ormond-By-The-Sea, Pierson, Ponce Inlet, Port Orange, Samsula-Spruce Creek, South Daytona.