We offer fast, friendly, and helpful bail bonds to the entire state of Delaware. In most cases we can complete the bail bond process in just 1-2 hours. Call us now for fast release.
Types of Bail Bonds
Even thought the concept of bail is something most people know about, not many people are familiar with all the different kinds of bonds and their implications.
There are different types of bail bonds that vary according to the jurisdiction where the arrest was made, the type of crime, the criminal’s previous record and other factors. Here is a quick guide:
Cash Bond: The name is very clear about the means of payment. In this case, when a court issues a cash bond, only cash can be used to pay for bail (although it is sometimes possible to pay this amount by check, money order or credit card). In such cases, anybody can post bail on behalf of the accused and once the legal process is over, the money is given back.
Unsecured Bond: These are special cases that generally take place when the defendant is charged with a minor offense and has no previous police record. Under this bond, no money is requested. Instead, the judge requests the defendant himself to sign a contract through which he commits to paying a certain amount if he fails to appear in court whenever summoned.
Property Bond: Release from jail may be obtained by posting a property bond with the court in some instances. Because Property Bonds involve real estate and can be likened to the buying or selling of a home, the process usually takes several weeks. Equity in the property must be equal to 150% of the total bond amount. Fees on a property bond would be similar to escrow fees, appraisal and title search fees, for example. If the defendant fails to complete court requirements, the court would foreclose on the property.
Bail Bond also known as Secured Bail (formally a Surety Bond): A Bail bond is a contract between the bondsman and the person taking responsibility for the defendant to go
to court. Together they are guaranteeing the court that the defendant will appear in court as required.
The cost in Delaware is generally 10% of the full bail amount.
Federal Bond: In most cases, we refer to crimes that are being tried in local state courts. However, in the event of a federal crime, a federal bond would be requested. Federal bonds are usually more costly and require a surety bail bondsman. This case is different from regular bail bonding. In most local cases, bail bond agents guarantee bail by using their own assets. For federal cases, the money comes from an insurance company.
Immigration Bond: This type of bond is also a federal bond that is requested to act as a surety for a pre-trial release of a person who has been arrested by the INS (Immigration and Naturalization Service). As with most other federal bonds, a regular bail bond agent cannot deal with such cases. Therefore, a specially-licensed bonding agent is needed to attend such cases. These are the most expensive types of bail bonds (up to 15-20%) of the total amount of bail money. The percentage depends on certain factors, such as the likelihood of the defendant to flee again, and the type of collateral presented to the agent. Since these trials are usually longer, it is more difficult for the agent to get his money back promptly, thus the cost.