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Types of Bail Bonds

Bail Bonds in Sarasota

When it comes to posting bail, friends and family members may have several options available or may be required to post a certain type of bail bond. The type of bail you may be eligible to post will depend on a number of factors, including the offense for which a defendant is being charged, the total bail amount and your current financial situation. The following types of bail bonds are the most common forms of posting bail.

Bail Bonds

Sometimes referred to as surety bonds, bail bonds are the most common method used to post bail. Bail bonds are a type of legal instrument that can only be issued by a licensed bail bonds agency and are valued at the same sum for which they are written. A bail bond is posted after a co-signer has entered into an agreement with a bail bond agency. As part of this contractual agreement, the co-signer will pay an initial “premium” fee, which is typically 10% of the total bail amount.

In some cases, co-signers may also be required to secure the amount of bail with collateral such as real property, savings accounts, letters of credit and others. The bail bond acts a promise that the defendant will appear at all court proceedings.

The terms of a bail bond agreement vary from client to client and depend heavily on the unique circumstances involved, including the severity of the charge, the total bail amount and the prior criminal history of the defendant, among others. Upon resolution of a case, all parties will be exonerated of their liability for the bond amount. Premiums are non-refundable.

Cash Bail

Anyone, including defendants, can post cash bail directly with the jail or detention facility in order to secure release. Posting cash bail will require full payment of the total bail amount by cash, check, travelers check or other form of legal tender.

Property Bond

A defendant or someone acting on their behalf may be able to post bail through collateral only. The property, such as a car or home, must have the same value as the bail amount and can be forfeited if the defendant does not appear in court.

Transfer Bonds

Bail bonds must be issued by licensed bail bonds companies that are authorized to operate in the county or state where the jail is located. A Way Out Bail Bonds is a certified MGA (Managing General Agent), a license that permits our agency to act as a broker for the insurance companies, giving our company access to agents all over the country. This means that should your loved one be detained in a jail or facility outside of Sarasota County, anywhere in Florida or anywhere in the U.S., our company can issue a transfer bond that will secure their release.

Federal Bail Bonds

When a defendant is being charged with any type of federal offense, including interstate crimes and offenses that occur on federal property, co-signers must obtain federal bail bonds in order to obtain their release.

Immigration Bail Bonds

Non-citizens who are arrested and charged with a criminal offense may also face immigration proceedings and detention from Immigration and Customs Enforcement (ICE). Friends and family members must obtain immigration bonds, as either delivery bonds or voluntary departure bonds, to secure a non-citizen’s release. Delivery bonds allow defendants to be released with a promise that they will be present at all immigration or criminal proceedings. Voluntary departure bonds, on the other hand, are granted when detainees agree to voluntarily leave the country by a certain date.

Fast, Professional and Client-Focused Bail Bond Service

At A Way Out Bail Bonds II Inc., we strive to assist clients in determining which type of bail bond they need and in guiding them through their unique bail bond process. Our experienced Sarasota bail bonds agents also pride ourselves on honesty and on taking the time to ensure that our clients fully understand their bond agreements. Regardless of the type of bail bond you need, you can be sure that our agency will work diligently to help complete the legal work and get your friend or relative out of jail.
Contact A Way Out Bail Bonds II Inc. today.