The federal bail bond system can be much more confusing than the state bail system. However, we’re here to ensure you understand every step of the process. The process isn’t simple when you must bail someone out of a federal jail. First, you’ll need a local bail agent to go to prison to release your loved one, as it would be in a state jail. Bail in a federal case could take days or weeks to secure, and the judge or magistrate always determines the bail amount.
Appearance Bonds in Federal Cases
The purest form of bail in the federal court system is an Appearance Bond. This bond requires a friend or family member to sign a CR-04 form, also known as an Affidavit of Surety. The Affidavit of Surety obligates the defendant to pay the court the bail money if the defendant doesn’t appear in court or fails to comply with the conditions.
Once the judge or magistrate determines the bail bond amount, they will determine who qualifies as a surety of the bond. In most cases, only financially stable people are allowed as sureties and must be employed with a steady income. Corporate surety bonds, or Federal bail bonds, are similar to state bail bonds. For example, insurance is purchased from a bail bond company and submitted to the court as a financial guarantee. However, unlike state cases, a Federal court surety bond guarantees that the defendant will appear in court and meet other bail conditions.
Conditions of Federal bonds may include things like drug testing, travel restrictions, pretrial monitoring, and other restrictions. Suppose the court discovers that the terms of the bail have been violated. In that case, the court can demand immediate payment in full of the bond from the bail bond company. Since there is added risk in Federal cases, Federal bail bonds are usually higher than state bail bonds.
Using Personal Property as Collateral for a Federal Bail Bond
The judge or magistrate may also allow personal property as collateral if the defendant tries to flee. The judge or magistrate handling the case determines the type of property eligible. The property used as collateral must have at least the bail amount in equity. To assess equity, subtract any outstanding liens or money owed against the property from the current market value. For example, a home appraised at $300,000 with a mortgage balance of $150,000 would have an equity of $150,000.
Our Professional Bail Bondsmen Make Sure to File All Paperwork Correctly
The court is particular about how these types of bonds can be prepared. You should contact a professional to help with all of the paperwork that will be required. This paperwork can include a property appraisal, title reports, and other documents. Court approval isn’t guaranteed; your loved one could be held in court longer if bonds are done incorrectly. If you need help securing Federal bail bonds, don’t hesitate to call the team at Anytime Bail Bonding, Inc. We can have your loved one out as soon as possible.
We offer professional bail bond services in the following locations:
- • Albany bail bonds
- • Atlanta bail bonds
- • Augusta bail bonds
- • Canton bail bonds
- • Griffin bail bonds
- • Jonesboro bail bonds
- • Lawrenceville bail bonds
- • Louisville bail bonds
- • Macon bail bonds
- • Marietta bail bonds
- • And more!
And if you’d like to leave us a review or learn more about our services, visit one of our following office locations:
- • Albany bail bonds
- • Atlanta bail bonds
- • Canton bail bonds
- • Columbus bail bonds
- • Griffin bail bonds
- • Marietta bail bonds
- • Jonesboro bail bonds
- • Lawrenceville bail bonds
Of course, if you find yourself outside of Georgia, you can still trust several other reliable bail companies, including ABC Bail Bonds. ABC Bail Bonds has served up Berks County bail bonds for decades and bail bonds for most of Georgia. With their trusted service, you can find the help you need at ABC Bail Bonds.