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Local Lancaster Bail Bonds

The Four Main Forms of Bail Bonds

There are four key forms of bail bonds used in the market; however, it can vary slightly, depending on the specific jurisdiction, city, and state that the bonding is occurring. The four most common heard-of bail bonds utilized to acquire a individual's release from prison are surety bonds, cash bonds, federal bonds, and bonds. Every type of bond has another way of releasing a person from jail. Continue reading to learn more about money, surety, federal, and immigrations bonds; and, how to get one in your particular city or state.

Cash Bonds

A cash bond is employed in a situation when a defendant, friend, or relative requests to simply pay cash for their bond. Once the defendant completes the required probationary terms of the arrest, and shows up to each of their court hearings, the cash is returned whole. This isn't a wise choice because bond is usually thousands of dollars. This type of money can be saved for more significant or immediate demands; instead of using it to obtain a release from prison. This type of bond has been a favorite selection for elite men, celebrities, professional athletes, along with other exclusive classes.

Surety Bonds

Surety bonds are another popular choice when it comes to getting a release from prison after an arrest. Surety bonds work similar to this: once a individual is arrested and taken into custody, another person or themselves can contact a professional indemnitor, such as a bail bondsman, to assist in the bail process. These types of bail bonds usually include some kind of collateral for the essential bail amount. This is due to the fact that the person being released on bond will most likely have ongoing court stipulations, such as drug testing and counseling, that must be finished or the indemnitor takes on the responsibility of the entire bail amount. So the personal signing for the bail bond will most probably have to pay a non-refundable commission (a percentage of the entire bail amount) because the security. This form of bond bond is most popular amongst the overall population.

Federal Bonds

These bonds are not as common as the ones mentioned previously. This is since they're just used in the case of a national crime. Crimes like these include embezzlement, tax evasion, kidnapping, bank robbery, aircraft hi-jacking, counterfeiting, and more. These bonds, for good reason, are pricier than the other common forms of bail bonds. Employing a respectable and experienced bail bondsman for national bonds is very beneficial and can make a big difference in a person's bonding process.

Immigration Bonds

Immigration bonds sound self-explanatory. They are a little more complex than the average person would believe. They're very complicated since they are for crimes that involve foreign nationals and non-us taxpayers. They are costly, exactly like federal bonds, because they need a bail bondsman to undertake a great deal of danger. For examples, a person that's a citizen of Canada can commit a crime in the United States, then flee back to Canada once out on bail; leaving the bail bond agency responsible for the full bond (which could vary from thousands to millions of dollars) since the defendant is not here to serve due to their crimes.

Bail bonds can be very perplexing, most understandable; that is why it's highly recommended to visit a professional and licensed bail bond agent in your area to offer you exact information on bail bonds and how they are employed in the legal sector.

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News Release: Local Lancaster Bail Bonds
Submitted on: February 03, 2018 04:42:00 PM
Submitted by: Marshal
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