What Is a Federal Bond?

If you are arrested for a federal crime, then you will need a federal bond. These bail bonds are similar to those in other cases, except that federal courts set them. Your bonding company in Maryland or Virginia will charge a premium for issuing federal bail bonds just as they would for bonds from lower courts.

Federal bonds are a form of financial surety that you will return to court for trial. Unlike most lower courts, there is no bond schedule for federal charges, so the judge has the sole discretion to determine the bond amount. After your bond is set, a bail bond company can help you secure the necessary amount to get out of jail. For providing this bail bonds service, the company will charge a percentage of the bond as a fee.