If you know someone who has been arrested for a federal crime they might be liable for federal bail bonds. A federal bail bond is like a promise that they will appear for their court date. By co-singing and paying the bond, your loved one can be released from jail.
What are Federal Bail Bonds
A federal bail bond is when property or cash is required by the court in order to allow someone to be released from jail. This is a promise that they will return to court and appear during their court date, along with other conditions of the bond. There are some differences between federal and other types of bonds as listed below. Essentially, money paid for the federal bond goes directly to the court as opposed to a bail bonds company.
Difference Between Federal and Standard Bail Bonds
Federal bail bonds are different in a few ways from your traditional country or state bail bonds. While a traditional bail bond works in much the same way, there is a middle man, also known as the bail bond company. The co-signer of the bail bond pays this company for the bond. However with a federal bail bond, there is no middleman and the money or property is paid directly to the federal courts. The reason for this is that federal bail bonds or for people released from jail for federal crimes who are awaiting their court date. You will also need to pay 15 percent of the bail bond amount in order to get released from jail on a federal bond.
How do Bail Bonds Work?
Bail bonds were previously known as surety bonds, as that is the term used for a guarantee to pay. However surety bonds are now prominent in the business world, therefore they are called bail bonds. To get a federal bail bond, you will first need to find out how much the bond is for and obtain the amount of money to pay the courts. If you don’t have the cash for the bond, you can sign over property as collateral. You will then fill out paperwork and the person will be released from jail. The released individual promises to appear in court.
The Arrest and Booking Process
The process of federal bail bonds usually start when the person is arrested. They are taken in for booking where the arrest and booking process takes place. During this time, the bail might be set as a way to guarantee they will show up at alter date for their court hearing. During booking, they will get a background check, have a warrant check, put their name in the computer system and get fingerprints done. The person will be searched and their personal belongings taken temporarily.
There are five different options for being released from jail. They include getting a bail bond, own recognizance, property bond, cash bail, or citation release. The federal bail bond is only one of many ways you can be released from jail.