The Different Type of Jail Bonds in Burleson, TX
If you or someone you love has been arrested, it is always better to know what your options are. For a family that does not have a lot of money, understanding how the jail bond process words and the different types of bonds that are available is important. Before you even contact a company that offers Jail Bonds Burleson TX, it is a good idea to learn what you can about them on your own.
A cash bond is the simplest type of bond. It is when someone pays the full amount of a person’s bail in cash in order to get them out of jail until their court day. It is straightforward and easy. The problem with cash bonds is that most people do not have enough money lying around to outright pay someone’s bond. Furthermore, you could need that money for legal representation.
If you do not have enough cash to post a bond and you do not have enough items you can sell to get the cash, you could opt for a property bond instead. A property bond is where your house is used for collateral to get someone out of jail. Your home’s value has to be 150 percent or more of the total bail amount in order for it to be used. Naturally, putting up your house as collateral is a very risky move as you could lose your house if your loved one does not go back for their court dates.
A surety bond means that you have to get help from a company such as Vaughn’s Quick Bail Bonds because it is not possible to pay the bail amount on your own. The company you get the Jail Bonds Burleson TX through must be licensed to provide a surety bond. Most bail bond companies will require you to pay somewhere between 10 and 20 percent of the full amount of the bail in order to get your loved one out of jail.
A federal bond is a very serious bond as it is only something you would have to deal with if you or a loved one has been accused of a federal crime. Due to the fact that federal crimes are much more serious, the amount of money you would be expected to pay in order to get your loved one out of jail on federal bond is going to be drastically more expensive.