When you are facing charges in a court of law, you are always assumed innocent until proven guilty. In most cases, instead of spending time in custody pending your trial, the judge will allow you to be released. The judge sets bail bonds to warrant the return of the accused to court for the hearing.
The various types of bail bonds include signature bonds, property bonds, cash bails, and other forms as stipulated by the law. The bails are set during a bail hearing after the judge consider the information presented to him or her by the defendant and other parties regarding the bail. When security bonds or property bonds are to be set the judge has first to confirm that the defendant is financially able to service the bond. Other persons referred to as Sureties can offer to assist the defendant to post bail in which case the judge will have to assess their financial resources.
A surety will need to be available during the bail hearing so that he or she and the accused can be given an outline of their roles and duties. Bails can be revoked or forfeited in the event that the defendant has violated the conditions of his release, or has failed to attend subsequent hearings. For this reason, a surety ought to be confident that the defendant will obey the court’s directives.
Your set bail can be a cash bail, a signature bond, a corporate surety bond, or a property bond. A cash bail involves money, and it can be paid with a money order, a cashier’s check, or a certified cheque. The money is refundable once the conditions of the bail have been met and it is thus necessary to keep the payment receipt. Additionally, it is important for the one posting the cash bail to fill out all the necessary tax forms.
Signature bonds are in such a way that a defendant will only need to sign some forms so as to be released. If a defendant has been released with this type of bond, he or she ought to pay special attention to the conditions of the bond to prevent the revocation of the bond.
On the other hand, corporate surety bonds involve paying a non-refundable fee as a percentage of the bail as a form of collateral. We also have property bonds issued as a form of guarantee. The judge requires an appraisal of value of the property, a prove of ownership before and any other relevant details pertaining to the property before issuing a property bond.
After the bail terms have been met, you should consult with your attorney to ensure that you recover the bail.