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4 Types Of Bail Bond Services There are 4 different kinds of bail bonds used widely in the industry whether you believe it or not. This can slightly differ on the other hand depending on the city, state and jurisdiction to which the bonding is taking place. In getting a release, the 4 most common heard of bail bonds used are surety bonds, cash bonds, federal bonds as well as immigration bonds. As you read the next lines, you will be able to know more about how every type of bail bond works. Number 1. Cash bonds – this bond is used in a situation to which the family, family member or defendant requested to just pay cash for the pail. Assuming that the defendant was able to complete the probationary terms required of their arrest and showed up to all court hearings, the money paid for the bail is returned in whole. This type of bail however isn’t for everyone as it often cost thousands of dollars. Than getting a release from jail, the money can be saved instead for doing immediate and important needs. This type of bail however is pretty popular option among celebrities, elite persons, professional athletes and several other exclusive groups. Number 2. Surety bonds – another sought after option when talking about getting a release from jail. This bail bond works whenever a person is arrested and taken custody, another individual or themselves may contact an indemnitor such as a bail bondsman to assist them in the bailing process.
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In most instances, such bail bonds have some form of collateral for the bail amount required. This is due to the reason that the individual being released on bail will likely have ongoing court stipulations similar to counseling and drug testing that should be completed or else, the indmnitor will take the responsibility of the entire bail amount. Among general population, this type of bail bond is actually the most popular.
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Number 3. Federal bonds – compared to the first two bonds discussed, these types are not as popular. This is because of the reason that they’re used only in case a person has committed a federal crime. These crimes may include tax evasion, kidnapping, embezzlement, aircraft hijacking, bank robbery, counterfeiting and so forth. And because of the gravity of the case, you may want to expect these bonds to be more expensive than the typical bail bonds available. Number 4. Immigration bonds – compared to what an average person thinks, this is actually more complex. These crimes are intended for foreign nationals and requiring the bail bondsman to take on greater risks, which is why it is more expensive.

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