Bail is an amount set by a judge that an individual waiting for trial must pay to be released from jail until the day of the actual hearing. Bail bonds may be paid by other parties like Wyoming County bail bonds companies, by family or by friends, as well as by the accused. There are different types of bail bonds.
1. Surety Bonds
These involve a third party person or entity who becomes legally liable for the full amount of the security in the case that the actual offender fails to appear in court. Essentially, someone else, like family or an agency puts up a percentage of cash, a house or some other collateral. If the transgressor fails to show, they forfeit it.
2. Property Bonds
Usually used in cases where bail is high, property bonds are a way to post bail by using physical property as a guarantee. Generally, items like houses or cars are used for this. This kind of bond is not allowed in every state, and some areas require that the possessions offered as surety be worth double the amount of the bail.
3. Cash Bonds
Cash bonds require the turnover of the full amount of