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Posts Tagged ‘Monmouth County bail bonds’

Different Types Of Bail Bonds

Approved by:
Linda Maze, a Wedding photography Gainesville FL in Gainesville Florida

Bail bonds in New Jersey are available 24 hours a day and 7 days a week and it’s so easy to find a bail bondsman or an agency that can assist you with  your needs. It’s important for a suspect to be familiar with the different types of bail bonds so he or she will know exactly which one is the most appropriate to take advantage of. Some of them are less frequently used than others.

The first type of bail bond is cash bail. As the name implies, the defendant must post bail in cash and not in assets. This type is considered to be a strong encouragement  for the suspect to show up in court since he or she will forfeit the cash if they do not  show up in court on the scheduled date. With Monmouth County bail bonds, there will be instances that the court will be flexible with regards to payment options . Same is true with Morris County bail bonds or any other county in New Jersey.

Surety bond or what is more popularly known as bail bond can be utilized  for any amount of bail. This is  specifically  useful when the accused cannot afford to pay the entire amount of the bail stated  by the court. Surety bond usually involves a relative or friend of the suspect contacting a bail agent and then the agent is backed by a special type of insurance company that pledges to pay the full value of the bond if the suspect fails to attend the court hearing .

The third type is called “Release on Citation”. An officer may employ this for non-serious offenders. Instead of getting arrested, an officer will issue a citation telling the offender to  make an appearance before the judge  . The fourth one is called “Release on Own Personal Recognizance” and just like the third type, this is applicable for non-serious offenders. The defendant may be released from jail without paying bail based on his or her promise to appear in court. Lastly, “Property Bond” involves the defendant’s own wealth in property. He or she can offer property instead of cash to post bail. Failure to appear in court may foreclose the property in order to collect the bail.