What Are the Different Types of Bail?

What Are the Different Types of Bail?

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There are nine different kinds of bail, and the law requires the judge to give the defendant at least three options for posting a bond. The bail types that are most frequently formed include cash bail, bonds issued by insurance firms, and bonds that are only partially secured.

Cash Bail

If the judge permits it, cash bail can be paid online, in any jail or correctional facility in the City, or to the court clerk. The individual who posted bail will receive a full refund if the accused returns to court after the case. The individual who paid will forfeit their money if the accused does not return to court. Only if a judge has established “credit card bail” can bail be paid using a credit card in person, online, or at a kiosk in a jail or prison.

Insurance Company Bonds

A charge (always 10% or less of the total) must be paid to a private company known as a Bail Bondsman to get insurance company bonds, typically set at sums higher than the cash bail amount. The individual who paid this money won’t ever get it back. The fee’s amount is regulated by legislation. This calculator will show you the maximum fee a bondsman may demand based on the size of the bond. In certain cases, the business demands more money from loved ones than the fee. “Collateral” is the term for this additional funding. After the case, the business will return the collateral to the person who paid it but keep the fee if the accused individual shows up for all their court appearances. The bond business will keep the collateral if the defendant misses the court dates and then take the individual who posted the bail to court to recover the full bond money.

Partially Secured Bonds

Bonds that are only partially secured require loved ones to pay the court a fee rather than a bail bond business. A partially secured bond benefit is that if the defendant shows up for court appearances, the court will reimburse the cost after the case. The charge is typically 10% of the total bond amount, but the law allows it to be less. If a lawyer feels that 10% is too much, they can ask the judge to reduce the fee. The individual who paid the bond deposit will be forced to reimburse the court for the full sum of the bail if the accused does not return to court.

However, if you or a loved one has been arrested and needs to get out of jail quickly, then Get out Bail Bond is your go-to company for help. Get out Bail Bond has been a family business for over 35 years. They are super quick, offering bail posts as fast as thirty minutes. Furthermore, they have agents close to every North Carolina jail serving the county and 10,000+ bail bonds under their belt. They are speedy, professional, and experienced in all bail-related matters. They offer several payment arrangements that can be customized to meet your needs if you are having trouble covering a friend or family member’s bail.