Types of Bail Bonds
To be released on cash bail, a person must post with the court the total amount of the bail, in cash, to secure their return to court on an appointed date, and thereafter until the case is finished. Full cash bonds are an incentive for defendants to appear at trial. If the defendant appears for his/her court appearances, the cash will be returned to him/her within 60-90 days. However, if they fail to appear, the entire cash bond is forfeited to the court!
SURETY BOND (BAIL BOND)
The alternative to cash bail is the posting of a surety bond which is also known as a bail bond. This process involves a contractual written agreement guaranteed by an admitted insurance company having adequate assets to satisfy the face value of the bond. Grizzly Bail & Surety Inc. guarantees to the court that they will pay the bond forfeiture if a defendant fails to appear for the designated court appearances.
For this service, the defendant is charged a premium (10% of the Bail amount set by the court, non-refundable). To be released by posting a bail bond, the defendant or a relative or a friend, will usually contact Grizzly Bail & Surety Inc. Before a bond is posted, we will have them fill-out pertinent information and proceed with an interview to ask the signer/co-signer of the bail bond, as well as the defendant and relatives of the defendant, so that Grizzly Bail & Surety Inc. can be assured the defendant being released on a bail bond will appear at their designated court date, as required, until the case is completed.
Once an agreement is made, we will complete the application and post the bail bond for the full amount of the bail to guarantee the defendant’s return to court.
When the Bail Bond is posted by Grizzly Bail & Surety Inc. and the defendant is released, they will be met by an agent from Grizzly Bail Bonds & Surety Inc. to be interviewed and go over the terms and conditions of the bail application and informed when and where to be for their first court date.
Grizzly Bail & Surety Inc. will make this process as simple and straight forward as possible. As our client we simply ask you to be upfront, honest and communicate with us, because we know that no one wants to be put in the kind of situation you are in. Using Grizzly Bail & Surety Inc. will give you an opportunity to sleep at home, go to work and continue with your normal routine while your case is being processed through the court system instead of spending your time in JAIL!
An individual may obtain release from custody by posting a property bond with the court. Here a court records a lien on property, to secure the bail amount. If the defendant fails to appear in court of his/her designated date, the court may start foreclosure proceedings against the property to obtain the forfeited bail amount.