(The clerk or official typically has access to this info, and may learn how a lot bail must be paid.) The payer must then submit the appropriate bail quantity to the clerk. The phrases “bail” and “bond” are sometimes used nearly interchangeably when discussing jail launch, and whereas they’re carefully related to one another, they are not the same factor. Bail is the money a defendant must pay so as to get out of jail. A bond is posted on a defendant’s behalf, often by a bail bond firm, to safe his or her release.
Bail Bond
A bail bond cosigned by a bail bondsmen is posted by a defendant in lieu of full fee of the bail set by the court. Although this may seem like a risky financial occupation, in some jurisdictions around the nation, the risk to bail bondsmen is minimal. In these jurisdictions, if a defendant fails to seem for their trial, the bail bondsman doesn’t forfeit the full bail amount, however may only be required to forfeit a small proportion—in some states as little as 5 %. Within the bail bondsman profession, the easiest way to differentiate amongst these monetary managers is to look at the types of bonds that they provide.
Bail Reform Act Of 1966
Just as there are all kinds of crimes that individuals may be charged with, there are a number of types of bonds that can facilitate a pre-trial release. These include surety bonds, federal bonds, and immigration bonds.
These … Read More