When an individual gets arrested, they may have the option to post bail and get released until their court date. If they don’t have the financial means to pay their bail in full, a bail bond company can assume the responsibility and post bail on the defendant’s behalf. Rocket Bail Bonds is an experienced bail bond company that offers clients fast, reliable, and confidential services. Here are five types of bail bonds provided by bail bond agents:
1. Surety Bond
Surety bail bonds involve three parties: the defendant, the court, and a bail bond agent. The bail bond agent guarantees the defendant’s appearance in court by paying their bail on their behalf. They charge a non-refundable premium, usually 10% of the bail amount, to post the bond. When the defendant fulfills their obligations and appears in court as required, the bail bond agent receives a refund from the court. At Rocket Bail Bonds, we offer surety bonds to clients needing a fast and reliable way to post bail, especially for high bail amounts.
2. Property Bond
Property bonds mostly use real estate property as collateral instead of cash. They may also use other assets like cars, jewelry, or stocks. Before a property bond is accepted, the court determines the property’s value to verify if it meets the bail requirement. The value must be equal to or greater than the bail amount. The court places a lien on the property, which means that if the defendant fails to appear in court, they have the right to seize and sell the property to cover the bail amount.
3. Cash Bond
A cash bail bond requires the defendant or their family/friends to pay the full amount in cash to secure their release. After case resolution and the defendant’s required appearance in court, they get their money back minus any fees. You may also use a credit card or write a check to cover the costs, but some courts only accept cash. If you don’t have enough cash, you can work with our bail bond company to cover the expense.
4. Immigration Bond
Immigration bail bonds are exclusively for non-U.S. citizens arrested by immigration authorities. These bonds guarantee the detainee will appear for all immigration proceedings. The judge determines the bail amount based on factors such as flight risk, criminal history, and immigration status.
5. Federal Bond
Federal bonds are for defendants accused of federal crimes. The charges may include fraud, tax evasion, drug trafficking, and other offenses under federal law. They are usually more complex than other bonds, and the bail amount is typically higher. The courts have strict rules regarding their approval, including demonstrating that the defendant is not a flight risk. Our bond agents help navigate the complexities of federal bonds and work diligently to get our clients released promptly.
Choose Rocket Bail Bonds for Reliable Services
Rocket Bail Bonds has a convenient mobile office that can come to you. Our agents navigate the legal system and process bail quickly to secure a release for you or a loved one. From surety bonds to federal bonds, we provide various bail services for our clients. Contact us today to discuss your bail bond needs.
