The Three Types of Bail Bonds

There are three types of bail bonds. The first is set by the local court; this is just what it sounds like, a court-appointed person who will assume responsibility for your bond and provide for your needs if you are arrested. The second is made by a person within the state who is charged with a felony.

The third is a standard bail bond that is arranged between the accused and the court. In such a case, the bail bond broker has no legal authority over you other than to enforce the terms of the bond by whatever means necessary, such as giving you the money to post. Depending on the court, you may even be offered the chance to serve a “cooling-off” period, or some type of an extended period in which you are not detained for any amount of time.

These are the two types of bail bonds set by the court. If you have the choice, the first option is usually the best, Colorado Springs Bail Bonds, because you will be able to follow a more traditional route and meet your release date. The court will look at your history and make a recommendation, and, if it approves, the bail will be given to you. This could be any amount, but it should never be less than $5,000.

If you choose the second type of bail bond, it may not be possible for you to be released on the same day that you are arrested. You may need to wait until the next court date. The most typical method of offering this type of bond is to give you a substantial sum of money at the time of your arrest and then call a number of days later to let you know that your bond has been approved. Some courts have their own list of bail bonds that they approve for, so, if you do choose this route, make sure that you look over the list and that you understand everything before you sign.

The third type of bail bond is offered by a person who is charged with a felony and has to arrange this on their own. Again, it’s not possible for you to be released on the same day that you are arrested, but your financial requirements may be less stringent. The person may still have to place you in jail for a day or two while the case is decided. Again, it should be a relatively low amount of money, and if you can afford to post a bond, go ahead, and do so, but be sure to read the contract very carefully.

Bond companies will sometimes include these types of bonds with the charges they have on their books. You might be able to use this type of bond if you have a good reputation and you are found not guilty, although some people have found that having a good character does not always assure that you will not be taken advantage of. It’s always a good idea to read the terms and conditions carefully, as well as any laws that will apply, before you sign.

It is always a good idea to check the websites of the bail bondsman before you sign any agreement, to make sure that they are legitimate and to ask any questions that you may have. If you are charged with a crime, take the opportunity to learn as much as you can about bail bonds, and then make the right decision for your situation. Take the help of a knowledgeable bail bondsman to help you make this choice.