Common Types Of Bail Bonds.

All humans make mistakes. Some of our mistakes are worse than others. In some cases, we end up getting arrested and going to jail. Fortunately, people who are locked up can get out of jail by posting bond, a sizable sum of cash or other assets that are to be returned once the accused criminal shows up for trial. Even if you consider yourself a good person, there’s still a chance that you’ll get locked up at some point in your life. Here is a brief breakdown of the different kinds of bail offered in the United States court system.

Cash Bail

Cash bail is the traditional form of bail. Since cash is legal tender and inherently liquid, courts of law would almost always rather receive cash bail than assets in any other form. The accused can post cash bail using the cash they had on them when they were arrested, though most people don’t carry around this much money. Rather, most people reach out to parents, friends, family members, and loved ones to see if they can help out. Banks sometimes deliver cash bail if the accused criminal has enough cash deposited to cover the bail amount.

Release on Own Recognizance

Everybody would prefer to be bailed out on their own recognizance, though this doesn’t often take place. People who have lived in the area they got arrested in for many years, have family members in the area, or who are employed in the area are often considered safe to be released on their own recognizance. No cash or other assets have to be posted.

Surety Bond

The accused criminal arranges for a friend or family members to reach out to a bail bondsman. The company posts bail in exchange for a 10-percent surcharge. Surety bonds are usually considered safe because either the accused criminal or their loved one will end up paying what the bail bondsman asks for.

Bail bonds pittsburgh come in many shapes and sizes, though not all courts of law will take just any type of asset. Some only take cash.