Common types of Bail Bonds in New Jersey

Posted by bailbondnewj on September 8th, 2014

There are various kinds of bail bonds in NJ that might be used to be released from jail plus post bail. The criteria of the bail are depending on the basis of your crime. If you are in jail or about to be in jail than it is really important for you to understand the types of bail bond because this plays important role on your freedom. So, the bail bonds NJ are admired greatly, we can guess. I am now presenting types of bail bond in NJ are introduced below for your consideration.

Surety Bonds: These are generally known as bail bonds. This is actually the mostly utilized type of bail. These are generally issued by simple bail organizations for individuals who have been recently charged. Your bail bond fee is usually 10-15% of the complete bail sum, as well as it is non-refundable amount. While using surety bonds offender must sign a contract with the bond company, ensuring you will show up on your next court date.

Cash Bonds: Cash bond is a type of bond that is paid by the accused. This sort of bond is paid if the court thinks you might not appear to the court on the next date. The payment is refundable if the person appears on the court date. If he doesn’t the amount is forfeited. There are no such agencies for this sort of bonds.

Property Bonds: These types of bond are issued when the amount is high. If it is tough to pay the amount of the bond, than one can issue this bond. In this case the assessment of the property must be at least the double of the amount of bond and if the person doesn’t appear on the court the property will be taken by the court. If he appears on the court, than the property will be hand over.

Immigration Bail Bonds: Immigration bonds typically affect people who are charged with crimes regarding foreign nationals. Immigration bonds are awfully complicated and usually involve a large amount of risk for the bonds agency and are typically difficult and expensive to obtain. This is not a state bond but a federal bond. The defendant collaborates directly with either the Bureau of Immigration Custom Enforcement and (ICE) or the Department of Homeland Security (DHS). This bond is extremely rare in nature. But this is so important for the bail bonds NJ because it is regarded to foreign nation.

These were the common types of bail bond in New Jersey and these are practiced widely. If you or any of your cherished one is in the jail than you must consider these types of bond to be free from jail. Remember to appear on the selected date otherwise you have to forfeit the amount. So, take care of some of the indispensable rules are regulations which are presented there for the bail bonds NJ to enjoy the benefits of its fullest versions. Wishing you a greatest experience! Read More