If you’ve been researching bail bonds as you look for a way to get someone out of jail in the Denver metro area or across Colorado, then you know just how many options there are. It can be difficult to know which one to choose, especially when you don’t have the experience or expertise you need to understand each one of them effectively. Here is an overview of each option, and why bail bonds are the best option for many people looking for a fast, affordable bail out.
– Cash Bail
When you post bail using cash, you, the accused, or another friend or family member must pay the entire amount – in cash – to the court. This money will be held until the conclusion of the case, at which time the money will be refunded, no matter the outcome of the case. If the defendant skips bail, the money will be forfeit, and a warrant will likely be issued for their arrest.
– Release on Personal Recognizance
When a person is released on their own Personal Recognizance, the court allows the defendant to be released without paying any bail. All that is needed is a promise they will return for all court dates and hearings. This is very rare, and is granted in cases where the defendant has the court’s trust. If the defendant fails to appear, they will have to pay the full bail amount, and a warrant may be issued for their arrest.
– Property Bond
When a Property Bond is used for someone’s release, you, the accused, or another friend or family member must provide a piece of property that is worth from 150-200% of the full bail amount, as collateral to guarantee the defendant’s appearance in court. There are fees associated with this bond, which must be paid. The property will be released at the end of the case if all court appearances are made. If not, the court may force the sale of the property in order to satisfy the requirements of the bond.
– Bail Bond
When Bail Bonds are used to obtain someone’s release from jail, you, the accused, or another friend or family member works with a bail bondsman, who pledges the bail money to the court, promising to pay should the defendant skip bail. In return, the bail agent charges a small fee of 10-15% of the full bail amount that is non-refundable. If the defendant appears for all court dates, there is no money refunded. If they skip bail, the bondsman may send a bounty hunter to collect them and return them to court.
Why Bail Bonds are the Best of the Bail Options
When you are considering which bail option is the best for you, it is important to consider the speed at which you can figure out your option. It can be difficult to come up with a large amount of cash in order to post cash bail. Additionally, it can be difficult to come up with property you can use as collateral for a Property Bond. But, when you work with a bail agency such as All Day All Night Bail Bonds, you can quickly pay the bail bond fee (which is small), and the agent will go to the jail and immediately file the paperwork for your loved one’s release. It is affordable and fast!