Understanding Your Type of Bail

bond, cash Bail bonds are essentially a kind of insurance policy that courts use to ensure that defendant will show up for his next court hearing. When you are released on a bail bond in Maryland , the court will hold the amount of your bond until court proceedings are complete, at which point it is returned, regardless of whether the defendant is found guilty or innocent. Here is a look at a few of the most common types of bail bonds offered by bail bond companies.

Surety Bonds

Surety bonds are the most common type of bail bond in Baltimore. A defendant will opt for a surety bond when he can’t afford to pay the full amount of his bail. Surety bonds are obtained through a bail bond agent or bail bondsman who works for a licensed bail bonds service. The bail bondsman is insured by an insurance company, and promises to pay the full bail amount if the defendant fails to appear in court. The defendant, a friend, or a family member typically arrange for the surety bond, and may also put up collateral against the bail bond amount.

Property Bonds

In some cases, a defendant can arrange to use property as a bond in lieu of cash or a bail bond. The court issues a lien against the defendant’s property in the amount of his bail, and if the defendant fails to appear at his next hearing, the court can execute on this lien. The execution of a property lien is generally carried out through foreclosure proceedings. Once the foreclosure procedure is complete, the court will collect the amount of their lien from the foreclosure profits.

Cash Bonds

Cash bonds are simply bail payments that are made in cash, or in some cases, by check or credit card payment. This type of bail isn’t used as often, as many defendants are not able to pay their full bail amount in cash. When a defendant pays bail in cash, he does not need to go through a bail bondsman or bail bonds service.