Cash bond, also known as cash-only bond, is required to be paid by the inmate. In a cash bond, the inmate or their relative or friend has to pay the full amount of the bond and a surety bond will not be accepted by the court system. Cash bonds are usually required when a case involves unpaid repayment or fines. This type of bond may be required in different types of arrest situations.
PowerBailBonds, san diego bail bonds agency said, “A larger bail bonds needs to be done through a qualified and licensed bail bondsman.”
What is a Cash Bond?
A cash bond by definition is required to be paid by you. In this case a bondsman cannot help you with cash-only bonds. They can only assist you with a surety bond, which will involve a fee, which is a fraction of the bond amount.
Refund of Cash Bail
You can pay the cash bond to the court in full yourself and the amount will be returned to you in full after you appear in all the court proceedings without fail. If you don’t appear in any of the court proceedings or trials, the bail amount gets forfeited and the court can order an arrest warrant against you. In such a situation, you will not get any refund against the cash bond you paid.
During the court proceedings or trials, the cash bond is released in all situations depending on whether you appeared in the court or not:
- The amount is released if you are found not guilty.
- The amount is also released if you plead guilty at the sentencing.
A cash bond is much simpler than surety bonds. It is as simple as the inmate or their family or friends paying the amount to get released before appearing for the court proceedings. If you are the inmate, you will get most of the cash back after deduction of the small court fees. In this case you will have to arrange for the money yourself without the help of a surety company.
The disadvantage of cash bonds is easily apparent. If you don’t have the cash, it will mean that you will have to remain behind bars pending the court proceedings. Besides, even when you have been found innocent, the county or state may deduct different types of fees and taxes from the cash bond before giving a refund.
What is a Surety Bond?
Surety bonds are different from cash bonds that they are provided by a third party, the bail bondsman. In this case you don’t have to pay the bail amount in full. The bondsman will stand as a surety that you will appear in the court proceedings without fail. The bondsman gives the surety against a fee that is fraction of the bail amount. In other words, you will not have to pay the full bail amount.
Thus, cash bonds are meant to be paid by the inmate and their relatives. These bonds are different from surety bonds.