Here’s How to Compare Bonds Asking for Payment

How to Compare Bonds Asking for Payment

Bail bonds are written contracts signed by the offender and ensure that they’ll appear in the court at the scheduled date and time, as ordered by the judge. The bail amount is imposed by the court. Here’s how to compare bonds asking for payment.

Post the Cash Bond

Post the Cash Bond.

With the cash bond, judges ask that the offender or a surety deposit the entire bail amount in cash. Then, the money is kept until the trial is done and is given back to the person who posted it. If the offender posts their own cash bond, judges can deduct any costs and fines before entirely giving back the money. Cash bonds asking that the entire amount to be posted are more inflexible than percentage bonds, which only ask for a percentage of the total bail amount. Usually, the full amount is needed where the offender has failed to appear in court, has outstanding unpaid fines, and is at risk. Percentage bonds are common in regions where skilled bail agents can’t operate.

Post the Percentage Bond.

With the percentage bond, judges set a bail amount and then ask that the offender or the surety deposit pay only a percentage of the total sum and agrees to settle the remaining sum if the offender fails to appear in court as expected.

Look for an Immigration Bond.

Immigration bonds are governed by federal law, rather than state law. A surety can be able to post bonds for an offender who is an undocumented immigrant detained within the US. If the offender neglects their duties, the surety has the chance to transfer the defendant to a court to regain a fraction of the bond. If the offender is returned after 10 days of the missed court date, the surety can have 66.67% of the total bond. 50% is given back after 20 days & 30 days is returned after 30 days. After the span of 30 days, the surety can’t recover any part of the total bond amount.

Post the Property Bond.

In other regions, the offender or surety can post bail bonds by pledging real property – such as houses – worth at least the value of the bail amount. If the offender fails to appear, the court can foreclose the property. If the property has numerous owners on the title, all of them need to sign the bail bond. Additionally, the court can ask for the proof of the value of the property and proof of ownership. This includes an appraisal carried out by a local real estate agent.

 If the basics of bail bonds are still confusing, try visiting the bail bonds Orange County.

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