The Various Types of Bonds
Following an arrest, an individual may find that they can secure their release from jail by making use of bristol bail bonds. Most people, however, don't understand that there are various types of bonds which may be issued. The court may determine the type of bond or the individual may have the option of selecting. In most cases, the individual must choose among the bail bonds new britain. Following is a brief overview of the options available, so one has a better understanding of what they must do to secure the person's release.
A personal recognizance bond is one is which the person is released from jail without paying any money. He or she is required to sign formal documents agreeing to appear at future court dates. In the event he or she does not follow through and make these court appearances, the court may file additional charges.
Cash deposit bonds are those where no bail bondsman is needed. The person accused of the crime, or a friend or family member acting on his behalf, pays ten percent of the bond. Once the defendant has made all court appearances, the money is then returned, minus ten percent and any court fines or fees. In the event the defendant doesn't show up for one or more court appearances, the money is then forfeited, and the remainder of the bond may become due. When the defendant is found not guilty of the charges, all money is returned.
Cash bonds are bonds in which the entire amount required by the court is paid in full. This is very similar to a cash deposit bond, yet all money must be paid up front, rather than just a percentage. When the defendent appears in court as required, the money is returned, minus court fees and fines.
Surety bonds are what typically come to mind when one thinks of a new britain bail bond. With this type of bond, a third party agent guarantees to pay the bond in full in the event the defendant doesn't make scheduled court appearances. The third party agent charges a fee for the service and the fee is non-refundable, regardless of what happens in the case.
Consider all options when trying to come up with bond. Although many turn to surety bonds, individuals need to understand their money will be lost if the person does not comply with all court orders. One must determine if they are willing to take this risk before helping a person accused of a crime secure their release.
