One of the most common types of bail is the cash bond. It is the easiest way to get a family member or friend from jail as long as you have the money available right away. A cash bond is simply a standard bond wherein the person posting the bond pays only cash instead of collateral. Collateral, on the other hand, is something else of value besides cash, like property, jewelry, bank accounts, and the like, that a person agrees to use as a promise in exchange for the defendant’s appearance for their court date. Check out what will happen if you don’t post bail as soon as possible.
How Cash Bonds Work
A cash bond is generally considered a moderate flight risk, which means that there is a chance they will not appear for their court date. If this happens, either a loved one or the person leaving the jail will need to leave the amount of money agreed with the courts in order to arrange for the defendant to leave jail. In addition, the money is refunded upon resolution of the case and the satisfactory appearance of the accused on all court dates.
Using Arapahoe County Bail Bonds When You Don’t Have Cash
In case the defendant has not had enough cash for the cash bond, they can avail themselves of Arapahoe County bail bonds. The bondsman will charge a fee of 10% of the total cash bond amount and will post the bond for the charged person. The fee is non-refundable, but definitely bail bonds Arapahoe County will help you get out of jail faster without having to cash out a large amount of cash.
The bondsman will want to receive their money back, and so you will be required to appear for all court dates. It is the bondsman’s job to check in with you on the phone or in person.
How to Get a Cash Bond Refunded
If your case is the opposite – helping a defendant get out of jail, you can refund the cash after these steps are completed:
1. File Judgment/Sentencing Documents
Documents resulting from Judgment/Sentencing, which exonerate the bail bond, have been filed in the Clerk’s Office.
2. Submit a Motion and Order to Release Bond
A Motion to Release Bond and an Order Releasing Bond signed by both the defendant’s attorney and the District Attorney’s office. This Motion and Order are presented to the Judge for signature. After the order is signed, it is filed in the Clerk’s office, and a copy of the Order and supporting documents is sent to the Finance Office.
3. Finance Office Verification
After the signed Order is received by the Finance office, the Finance Bond specialist will contact the person who posted the bond money in order to verify that he/she posted the bond funds, their current address, and identifying information.
4. Notification for Check Pickup
After the Finance office, the person who posted the bond will be notified that the check is ready for pickup, and certain arrangements can be made if the person is far from the area.
5. Present Valid Identification
To get the bond refund check, a current driver’s license or ID card must be presented.
Need Bail Bonds in Arapahoe County?
If you are looking for bail bonds in Arapahoe County, Lucero Bail Bonds is open 24 hours. They are reliable, act fast to your concern, and are expert Arapahoe County bail bonds. Call us now.