A bail bond is a form of bail payment provided on a defendant's behalf by a bail bond agent. ... When defendants use a bail bond agent, they pay the agent a fee and the agent acts as a surety, telling the court that they (the bond agents) will pay the full bond amount should the defendant fail to appear at court.
Different Kinds Of Bail
Those seven different types are as follows:
There are three types of surety bonds: secured, in which the person pays the full amount of the bond to the court; partially secured, in which the person pays percentage of the full amount; and unsecured, in which the person promises to pay the full amount, but does not pay any money up front.
To post a Bail Bond, a defendant is usually required to pay a Bail bondsman 10% of the bail amount. ... If a defendant does appear for court: Upon conclusion of the court case, the Bail Bond is dissolved and the collateral is returned to the person who posted it. The Bail bondsman keeps the 10% cash fee as profit.
Bail is the money a defendant must pay in order to get out of jail. A bond is posted on a defendant's behalf, usually by a bail bond company, to secure his or her release. ... If the defendant fails to appear or violates the conditions of the release, he or she might forfeit the amount paid.
A surety bond in the case of making bail is the amount of money in cash or property to ensure the arrested person attends all required court appearances. ... This amount of money is held as collateral until the completion of the case. A surety bond is the usual path taken to bailing someone out of jail.
If bail is set at $10,000, then the defendant can pay that amount to the court in exchange for being released from prison. If the accused doesn't hold up their end of the bargain and misses even one court date, they will immediately forfeit the $10,000 and a warrant will be issued for their arrest.
$3 Billion Dollar Bail – Robert Durst
Real estate heir Robert Durst received the highest bail ever in the United States at $3,000,000,000.
Generally, a Bail Bond is exonerated when the defendant appears in court (regardless of if the defendant is found innocent or guilty) and a court bond is exonerated when the bond is no longer needed (i.e. the estate has been closed, the trial is over, etc).
What are the different types of jail bail bonds?
The court and/or the police can require a person to act as surety for the defendant before granting bail. A surety is where another person who is prepared to promise to pay the court a certain sum of money should the defendant breach any of his bail conditions, such as failing to attend court.
2 attorney answers
C/P/S refers to the type of bond that is required for release from jail. C = cash; S = surety or bondsman; and P = property. If the person cannot bond out on the bond amount that is set by the court, the person can ask for a lower bond...
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