Getting arrested and taken to jail can be an unfamiliar and frightening experience for anyone accused of a crime. However, in many cases, the judge may allow you to be released until the hearing or trial. In return, the judge may order to provide some form of guarantee or security before releasing the accused from custody. This security is known as a bail bond which must usually be turned over to the court in the form of cash, property, a signature bond, a secured bond through a combination of norms.
Bail bond or surety bond in legal terms is deposited to a court to persuade it to release a suspect from jail, on the agreement that the bail will be forfeited and may be brought up on charges of the crime if failed to appear in court. In some cases, bonds are returned at the end of the trial if all court appearances are made, no matter if the suspect is found guilty or not guilty of the crime.
Typically, Denver bail bonds are set during a formal procedure called a bail bearing. This happens when the judge hears from the accused (defendant) about whether or not it is correct to set bail. In the case of a secured bond or property bond, the judge will take into consideration the financial resources and the other’s sources of whatever property or funds used as collateral for the bail bond.
Types of Bail Bonds:
This bond is meant when a defendant acts on his or her own behalf, presenting their property as collateral for the entire bail amount. In this situation, the state has the authority to foreclose on the defendant’s property if they forfeit bail by failing to appear in court.
A cash bond is used in a situation where a defendant requests to pay cash by legal means as the bail amount. This form of bond is a popular choice for elite persons, celebrities, professional athletes, and other exclusive groups.
Surety bonds essentially describe the role of a bail bonds company. When a person is arrested and taken into custody, a bail bonds company or a legal representative becomes the Indemnitor of the suspect’s total bail amount, taking legal responsibility for the total amount. These kinds of bonds usually cover some form of collateral for the required amount and are more popular among the general population.
A citation release is a simple form of bail that requires no financial exchange and seldom involves a defendant taken into custody. The appearance of the defendant depends on the financial burden imposed, however, arrest warrants and additional fines for failure to appear may be issued if the defendant fails to attend court.
There exist several types of bail bonds in the industry; however, they can differ slightly, depending on the particular jurisdiction, city, and state. For the most part, bail charges and other details will remain the same, however, there are instances throughout the state where the process differs in ways that are not contingent on the specific location of the arrest.
Understanding the Denver Bail Bond Process
At the initial stage, the bond company collects some basic and general information in order to assess the situation and the risk factors involved. Meanwhile, the clients need to arrange cash and complete Denver bail bond documents to include a bail bond application, indemnity agreement, and receipt. The amount bond companies charge varies from state to state. Once it is done, the bond company will then post the bail and the defendant will be released.
The only part that a bondsman can control is the releasing process and paperwork. The experienced bondsmen can give an accurate time frame of when the defendant should be released.
PDQ Bail Bonds in Denver, Colorado is a professional bail bond company specializing in all types of bail bonds. Reach out to us today for confidential Denver bail bonds assistance.