If you need a bail bond, or if you’ve ever done some research on this topic before, you’ve probably come across the terms cash bond and surety bail bond. Although you can usually use both to post bail and get out of jail, these bonds work in different ways.
When you post bail after getting arrested, you’re basically saying that after your release, you promise you’ll show up for your court date. If you don’t make it to court, you can keep the money. Cash bonds and surety bonds are used to guarantee you’ll come to court. The main difference between a cash bond and a surety bond is who takes the risk of paying the bond.
A cash bond is held by the court as a guarantee of your presence in court. If you post bail using a cash bond, the court will hold the full amount of bail to make sure you come to court after getting released from bail. If you don’t go to court after your release, the court will keep your cash. If you do show up, the court will give you back your cash. With this type of bond, you don’t have to worry about filling out any paperwork or making calculations.
The downfall of a cash bond is that most people don’t have enough cash on them to post bail, which is why many people today will post a surety bail bond. A surety bond is a type of loan you can receive from us at Alpha Bonding to help you post bail. We’ll post bail for you after your arrest for a small fee. And once you go to court, we’ll get the cash back, as well as the fee you paid us.
Do you need a surety bail bond to get out of jail? Contact us today!
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