All American Bail Bonds in Santa Clarita agent often deal with several types of bonds that can be used to bail out a defendant.
The three types of bonds are known as cash bonds, surety bonds and property bonds.
“We most commonly use surety bonds, which is an undertaking of bail, “ said Inessa Chavez, vice president of All American Bail Bonds in Santa Clarita.
A surety bond is a contract guaranteed by an insurance company or bail agent with a premium percent of the bail amount that is charged, according to the California Bail Education textbook.
A cash bond is used by a defendant alone, almost always without a bail agent, according to the textbook. The defendant would post 100 percent of their bail amount in cash to the court.
The rarely used property bond is where a court holds the defendant’s property to secure 100 percent of the bail amount, according to the textbook.
“Using a bail agent and a surety bond is one of the best ways to ensure your loved one is out of court as soon as possible,” Chavez said. “You pay us a percentage of the bond up front and we post bail for your loved one. You then gradually pay us back. It really is the best way to help you financially.”
Bail agents often charge between 10 percent and 15 percent of their bail amount. Percentages can vary depending on location and the arrest circumstances, according to the textbook.
“Knowing the different types of bonds can be very helpful to you when your loved one is in jail,” Chavez said. “We want our community to be aware of the process and understand what’s going on.”
“With Us You Are Never Alone”
All American Bail Bonds
23360 W. Valencia Blvd. #E
Santa Clarita, CA 91355
661-255-2245
Call Toll Free: 888-755-2245
24 hours a day — 7 days a week
If loved one in custody and they wish to talk to an All American Bail Bonds representative call:
818-990-0003 or 661-267-6777
CLIENT.SERVICES@ALLAMERICANBAILBONDS.COM