Different Types Of Bail Bonds

The services of a bail bond agent are required when you are detained and must post bail. Bail bond agents assist people post bail and release them from jail until their court date.

There are many different types of bail bond agents, which is why it's crucial to know what you should look for when choosing one. In this blog we'll discuss the various types of bail bond brokers Greensboro has to offer and the things you should be aware of prior to working with these agents!

What is a Bail Bond Agent?

A bail bond agent could be defined as an expert that assists those who need to post bail to escape from prison. A bail bond agent typically works with a surety firm, which pays the bail bond. The bail bond agent places bail for the arrested person and assures them that they will show up in court.

Bail bond agents typically charge a fee for their services. This usually is around ten percent of the bail amount. In order to secure the bond, they might require collateral, such as property or jewelry.

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What Are The Different Types Of Bail Bond Agents in Greensboro?

There are a variety of bail bondmen that are available in Greensboro. It's important to know what to consider when picking a bail bondman. These are the most popular types:

Federal Bail Bond Agent These agents are available only for federal cases. If you've been arrested for a federal crime You'll have to cooperate with one of these agents.

State Bail Agent These agents are only used in state-related cases. These agents are required to assist you if you have been charged with a state crime.

Surety Company: These companies offer the funds for bail bonds. The company will usually charge a fee and may require collateral.

Property Bondsman These bail bail bond agents utilize collateral to secure bail bonds. The agent is employed to help when the defendant is thought to be a flight risk.

Bail Enforcement Agency: These agents also go by the name of bounty hunters. They are employed to locate people who haven't paid bail.

FAQs

What's the difference between a bail bond and a surety?

A bail bond is described as a surety-bond. Surety bonds are used to ensure that someone is present in court. Bail bonds are used to guarantee that a defendant will show up in the courtroom to be tried.

What is the cost to purchase a bail bond?

The amount of bail you must pay will depend on the state in which the case is being heard. In the majority of states, you'll need to pay a fee of approximately 10 percent of the total amount of the bond.

What happens if I fail to pay bail?

If you don't pay your bail, you'll become an criminal. You may be searched by a bounty hunter who will locate you. If you are arrested and subsequently detained, you'll be taken back to the court. You might also be required to pay the entire bond amount.

What are the other forms of bail?

There are several different types of bail including cash bail and property bail. Cash bail happens when you pay the full amount of bond in cash. Property bail is when you use your property as collateral to secure the bond.

Conclusion

You can see, there are a few kinds of bail bond agencies in Greensboro. It is important to determine which kind of agent you require prior to attempting to help someone get out of the jail. If you have any questions ensure you ask a bail bond agent for assistance.