There are times when you or a loved one gets arrested and may seek bail. This may be as a result of a simple accident, being at the wrong place, or a false arrest. None wants to wait until the trial starts. Thus, it is advisable to seek bail bonds service. After the judge determines a bail amount for a defendant, you can secure their release by either surety or cash. There are differences between these two methods and every person should know before moving forward.
This is quite a straightforward method. If a defendant is supposed to be released on a $50,000 bond, you can pay the exact amount in cash and the defendant will be released. Your money will be held as collateral until the trial is over. When the case is over, and you have attended all the court appearances, your money is refunded.
A lot of people do not have the money required for the cash bond. Instead, they decide to hire a bail bond service. In this case, the defendant is required to pay about 10% of the bond amount. The bondsman will then put up the amount for the release of the defendant. Also, the total bail amount is returned after completing the trial. However, your bail bond service company will keep 10% as payment for the services rendered.
There are several risks involved when securing another person’s release. The defendant can be free and even avoid the trial. In such a case, the money is forfeited and a warrant is issued. The bail bond service company can then do what they want as long as it is within the law. They can find the fugitive and return him or her to court. In some instances, bounty hunters are hired. It is not advisable to skip bail. This is because extra charges may be added to your original allegations.
There are some differences between surety bonds and cash bonds. The choice, in this case, is a matter of personal choice. If you have adequate money, you can post the bail without having severe financial consequences. If you trust the person you are bailing; then a cash bond is the best option. The best thing to do is to use a surety during a trial.