|Bonding Process Continued:
|Indiana Bonding Bail Bonds
710 W Morgan St. Suite - 1
Martinsville IN 46151
|Different types of Bonds
This type of bond is sometime offered as an option by the judge but not guaranteed in every case. To be released on a cash bail
bond, a person must post the total bail amount to the court, in cash, assuring their appearances in court until the case is finished. If
the defendant completes appearances and the case is closed, the cash will be returned in 60 - 90 days. However, if defendant fails to
appear in court for any reason, the cash bond is forfeited to the court.
This is the most common type of bond posted, typically referred to as a commercial surety bond. This is posted through a
business with State Licensed bail agents. To be released on a surety bail bond involves signing a contractual agreement guaranteed by
an insurance company with adequate assets to satisfy the face value of the bond, posted or under written through a bail bonding
agent. Indiana Bonding guarantees the court the appearance of the defendant, by posting a bond covering the full amount of set bail,
secured by a signed contract with the indemnitor / co-signer. For this service the co-signer is charged a premium - 10% of set bond.
Surety + Court Fees(Hybrid):
These surety bonds include all aspects above, plus requires an additional large sum of CASH be paid directly to the jail. This
typically starts out around $550 - $600 depending on the county. As the severity of charges increase the amount required to be paid
to the jail increases. These fees are set by the judges and collected by the jail to cover court cost, fines, fees, etc. However, the
amount of court cost varies in each case. The remainder of money leftover after court fines and fees are assessed when the case is
closed, will be returned to the co-signer posting the bond. If the defendant is found not guilty these fees will be totally refunded.
Depending on the court jurisdiction an individual may obtain release from custody by posting a property bond through the court.
First, the property must owned free and clear by the co-signer. Then be assessed to determine current market value. After this
process, the court records a lien on property to secure the bail amount. This typically is only done on bonds over $100,000. If the
defendant fails to appear in court, the court will start foreclosure proceedings against the property to obtain the forfeited bail amount.
Own Recognisance (OR):
Another method of release, pending court proceedings is through a county or law enforcement administered per-trial release
program. Typically the defendant will be booked into jail, processed and have an initial hearing with a judge within 72 hours.
The judge will set a bond amount or order the defendant released on their own recognisance. This is completed by the defendant
acknowledging pending court dates and promising to appear.
A citation release or commonly called ticket, involves the issuance of a summons by the arresting officer to the defendant,
informing the defendant that they must appear at an appointed court date. Citation release usually happens immediately after a person
is arrested on a traffic stop or at the scene of the offense.