How Does a Bail Bond Work
“There are multiple ways for a Defendant to get released from custody. If anyone ever needs help navigating this confusing bump in the road of life, please give our bail bondsman in Colorado Springs a call so we can help answer all of your questions“
Can my loved one be released?
A Bail Bond in Colorado Springs serves a single function, it removes an individual from detention center custody. However, the individual in custody must be in the custody of a jail, not a prison. Bail Bonds can not be utilized to remove someone from a Department of Corrections facility. New arrestees in the detention center will get their bond set, and then will have a few options on how to facilitate their release with that bond.
Cash Only Bond
There are a few different types of bonds, one of them is a “Cash” or “Cash Only” bond. With this type of bond, the detainee will have to pay the full amount of their bond, typically with some sort of fees attached. For example, if there was a $1,000 bond set, $1,000 dollars must be taken to the Detention Facility and paid for the defendant to be released. This could be in the form of Cash, Money Order, or Certified Check. Typically, cash only bonds are reserved for more severe charges or habitual F.T.A.’s (Failure To Appear- meaning the defendant has missed court more than once on the same case). At the end of the case, whoever deposited the funds with the jail to facilitate the release can get their money returned to them. This process is somewhat lengthy and may require legal guidance from an attorney.
Cash or Surety Bond
A more common type of bail bonds is a “Cash or Surety” bond. With this type of bond, the detainee has two options to choose from to facilitate their release. They can choose to pay the bond in cash, as explained in the above paragraph, or they choose to use the assistance of a state licensed Bondsman. A Bondsman can get the release facilitated in a few steps. They will ask for someone to sign for the bond, they’ll quote a price for the bond, and they may require some type of collateral. To qualify to sign for the bond, employment verification and valid I.D. will need to be submitted. The price of the bond will depend on what the bond amount is set at, but it will typically be around 8-15% of the total amount of the bond. For example, a $1,000 bond may cost $100 to get posted. Collateral may be required as well, the bondsman you choose will have to determine if they are going to require collateral. Bondsman can be found by searching the internet, or by contacting the local detention facility for a list of local bondsmen.
Cash Surety Property Bond
There is also a C/S/P (Cash/Surety/Property) bond. With this type of bond, the detainee has three options to choose from to facilitate their release. They can choose to either pay the bond in cash, use a state licensed Bondsman, or they can use “Property” as collateral to use with the courts instead of the Bondsman. If the defendant or someone they know owns any real property, they can go to the courthouse in the county that the defendant is located in, and place their property up as collateral. The courts would require some paperwork to be filed and ultimately file a lien on the property. The courts will liquify their asset if the defendant fails to appear for any of their court appearances. If the defendant appears at all scheduled court dates until the case is resolved, the property will be freed from the lien. This process is somewhat lengthy and may require legal guidance from an attorney.
There are multiple ways for a Defendant to get released from custody. If anyone ever needs help navigating this confusing bump in the road of life, please give our bail bondsman in Colorado Springs a call so we can help answer all of your questions.