For Legal Support Visit www.fastracklegalsolutions.com Definition of Bail Bail refers to the money you must pay to get released from jail. The presiding judge sets the bail amount based on the severity of the crime, your criminal history, and whether or not you are considered a flight risk.
If you cannot pay the entire bail amount, you can work with a bail agent. A bail bond is a type of surety bond posted on your behalf to secure your release from jail.
The bail bondsman will charge you a non-refundable fee (usually 10% of the total amount) and will be responsible for paying the bail if you do not show up for your court date.
If you make all your court appearances, the bail will be returned to the person who posted it on your behalf (usually the bail bondsman).
Definition of Bond A bond is a written agreement between you and the court stating that you will show up for all your court dates. If you do not appear for your court date, the bond is forfeited, and a warrant is issued for your arrest.
There are three types of bonds namely surety bond, cash bond, and property bond.
A cash bond is when you or a loved one pays the entire amount in cash to the court. A surety bond is when you work with a bail agent to post bail on your behalf.
A property bond is when you use your own property, such as your home, as collateral to secure your release from jail.
If you are released on a property bond, you could lose your home if you do not show up for your court dates.
Difference Between Bail and Bond The main difference between bail and bond is that bail is the money you pay to get released from jail, while a bond is the written agreement between you and the court stating that you will appear for all your court dates.
Bail is paid to the court, while a bond is posted on your behalf by a bail agent. If you cannot pay the entire bail amount, you will have to work with a bail agent and post bond.
If you do not appear for your court date, the bond is forfeited, and a warrant is issued for your arrest.
