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What are Bail Bonds?

Spending time in jail for being accused and arrested for a certain crime is definitely a frightening experience especially for someone who is innocent of the crime. The good thig is that you are legally innocent until you are proven guilty. IF there are scheduled hearing for your case, the judge may allow defendants to be released until that time. The procedure before the judge releases the defendant is that the defendant has to provide a form of guarantee that he will return to face the charges laid upon him. This guarantee is called a bail bond. It should be turned over to the court in the form of cash, property, a signature bond, a secured bond through a surety company, or any combination of forms.

There is a bail hearing before the bail bonds are set. Here, the judge meets the accused person and hears information if it is appropriate to set bail to the person or not. Sometimes, certain types of bail bonds are considered and in these cases, the judge will consider about the accused person’s financial resources and the sources of funds or property that will be used as collateral for the bail bond. If the bail bond will be posted by a surety, then the judge will have to consider the financial situation of that person.

The presence of the surety is required during the bail hearing so he can be informed of his obligations and responsibilities by the judge. The bail can be revoked and forfeited if the accused person fails to fulfill his duties and appear for the hearings and court dates. It is important for a surety to have confidence in the defendant before posting bail for him.

There are many options for bail. You can pay cash or money orders or certified checks for cash bail. A defendant who fulfills all his obligations can get a refund for his bail. A signature bond does not need cash or property as security. It only needs signature on roper forms so that the defendant can be released. The conditions or instructions set by the judge has to be met.

Corporate security bonds are secured by bail bondsmen. Here, the bail bondsman pays the bail but the defendant pays a small percentage of the total bail amount to the bondsman. If the defendant meets all the conditions of his bail, that small percentage remains the property of the bail bondsman. You can also use property bonds to secure bail. In this type of bonds, you have to prove that you own the property, reveal its appraised value and list the encumbrances against it.

The bail is returned when the defendant meets all the court conditions. If you want the bail to be returned to the proper person, then you have to follow all the requirements of the court.

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