Getting arrested and spending time in prison can be an unfamiliar and terrifying experience when you are convicted of a crime. Fortunately, because you are legally innocent until proven guilty, a judge can allow you to be released before your hearing or trial in many instances. However, before you can be released from jail, the judge may order that you have some sort of assurance that you will return to face the charges against you. This protection is referred to as a Bail Bond and must typically be transferred to the court in the form of cash, money, a signature bond, a secured bond by a security firm, or a mix of forms. Bail Bonds Service-24Hour Bridgeport Bail Bonds Financing has some nice tips on this.
During a formal process called a bail hearing, bail bonds are typically set. This is where the Judge sees the convicted person (Defendant) and hears data on whether it is necessary to set bail or not. If such forms of bail bonds are considered, such as a secured bond or property bond, the Judge will consider facts about the financial resources of the defendant and will use the origins of the assets or funds as collateral for the bail bond. If someone else posts bail for the defendant, they are assumed to be a guarantee and their financial condition will also be taken into account.Citation Release: A quote release, also referred to as a “cite-out” is an incredibly simple form of bail that requires no financial exchange. A suspect taken into custody is rarely involved. Officers provide the arrestee with a summons that has a listed official court date. The defendant’s appearance is entirely up to his or her honesty as no financial burden is imposed, however if the defendant does not attend court, arrest warrants and additional penalties for failure to appear can be issued.
Surety Bond: The role of a bail bond firm is represented in essence by a security bond. A bail bond firm or other licenced third party becomes the compensator for the total bail payment of the defendant, meaning that the total amount is legally accountable to them. For the service that the third party or bail agent maintains, a fee is charged.