3 Most Common Types of Bail Bonds
We daily get to hear about high-profile cases in the new channels where an accused been arrested for committing a crime is released on bail at an unusually lump sum amount of money. They may even have their passports been forfeited so that they cannot run away from their respective country. When your loved one who presents no threat is arrested and needs to post bail, the first thing you want to do is know about the different types of bail available that judges might order, depending on the charges being faced by him as well as his financial situation. It is fine if it takes just a few days or weeks but if it is many months or even years to go to trial, then the criminal justice system allows for bail since nobody wants their loved one(s) to spend any more time in jail that he requires to. Each case will have its own unique bail bond as determined by the judge at the bail hearing. A bail bond is a legal contract between the accused, the judge and the bail bondsman, in which it is stated that the accused can be released from custody only on one condition and that is that the bail bond agent makes sure of his or her presence at every court hearing dates. If you do end up in such a situation, it is very essential to know about the 3 major kinds of bail bonds that judges in Harris County, Houston, Humble, Katy, Kingwood and Liberty might order to get you out of prison fast as given below:
- Cash bond- Cash bond is the full amount of the bail money by means of cash that the accused pays to the court, even though there are some courts accepting checks and even credit cards.
- Unsecured bond- If the accused now on bail is not only held responsible but also forced to pay the agreed bail bond amount if he fails to appear before the court at a specified date.
- Property or secured bond- Also known as secured bond, since it implicit real property assured by the accused who prefers not working with a third party, property bond uses his personal possessions at least twice the cost of bail as a way to ensure bail payment.
In order to find out more about the conditions in which they can be applied necessary for bringing your loved one(s) home quickly, people can talk to our professionals at All About Bail Bonds, one of the most reliable and convenient company in Houston in Texas.