Surety bonds are one of the most common types of bail bonds available. If you are unable to raise the bail amount, you can use a surety bond, defined as an agreement between a bail bonds company such as Delco Bail Bonds and the defendant, where the bail bondsman will pay the required amount in exchange for a fee.
Once the surety bond is paid, the defendant is obliged to attend court sessions as required and to pay the bail bond fee. If you fail to pay the bonds company, they reserve the right to undertake ownership of any collateral used. If there is no collateral, the bail bonds company can take you to court.
In criminal cases, a cash bond is money that is held as a guarantee that you will show up for your day in court. You can pay the bail in cash, check, or credit card. We see such types of jail bonds mostly in cases where a judge deems that the defendant is a flight risk or a danger to the public. If you are unable to pay, you will remain in custody.
If you can afford the cash bond amount, then you are free to go once the bail is posted. After the case is completed, you get your money back. Should you fail to appear in court, the money is forfeited, and a warrant of your arrest is issued.
Like other jail bond types, a property bond is used as a guarantee that you will appear in court. It is a form of collateral that basically says that the court will take possession of the said property if you fail to appear in court. If you adhere to your court dates and the case is successfully completed, the court will return the property to you.
While property bonds are a good alternative when you do not have the money for cash bail, only use them as a last resort. There is a very real risk that you might lose your house or land if you fail to show up in court. Additionally, property bonds take a while to go through due to paperwork, inspections, and evaluations, so if you need to get out of jail fast, you might want to consider other options.