When you or a loved one is arrested, facing the bail process can be overwhelming. Understanding the difference between a cash bond and a bail bond is crucial, as the type of bond set by the court determines how you can secure release from jail.
What is a Cash Bond?
A cash bond requires you to pay the entire bail amount directly to the court. This means that if the bail is set at $5,000, you must provide the full $5,000 in cash – not cashiers check or money order. The court holds this money as a guarantee that the defendant will appear for all court dates.
- Payment Method: You or a family member pays the full bail amount to the court.
- Cost: 100% of the bail amount.
- Refund: This money is typically refundable if the defendant has met all of their court obligations. That said, any outstanding court costs, fines, fees or restitution from the bond may be deducted before refunding any amount.
What is a Bail Bond?
A bail bond is a type of surety bond that is a financial guarantee provided by a third-party bail bond company, like Owens Bonding. This is the more common option when the bail amount is high and the defendant cannot afford to pay the full amount themselves.
- Payment Method: You pay a non-refundable fee to a bail bond company. The company then posts the full bail amount with the court on your behalf.
- Cost: The non-refundable fee you pay is the cost of the service.
- Collateral: In some cases, especially for larger bail amounts, the bail bond company may require you to provide collateral, such as a car title or property deed, to secure the bond.
A bail bond offers a way to get out of jail by paying only a fraction of the total cost, making it an accessible option for those without the immediate financial resources for a full cash bond.
For many, a bail bond is the only way to affordably get out of jail. While you won’t get the fee back, it’s a small price to pay for your freedom while awaiting trial.
Types of Bail Bonds
At Owens Bonding, we assist with traditional and specialized bonds, as well as other types of bail, such as:
- Appearance Bonds
- Appeal Bond
- Arrest Warrant Clearance Bond
- Immigration Bail
Learn more about our bonding services here.
Need Help with a Bail Bond?
If you’re in Kansas, Owens Bonding can help! Our agents understand the complexities of the bail process and can guide you through each step. Contact Owen’s Bonding Co. today at 866-830-2663 or Find an Agent near you.