Cash Only Surety Bondsman

"Get in touch with me if you need cash-only surety bonds!"

In the State of Indiana, different types of bonds can be confusing for people unfamiliar with the legal system. Let's examine each type of bond to understand its differences.

Firstly, there is a surety bond. A surety bond is a three-party contract by which one party (the surety) guarantees the performance or obligations of a second party (the principal) to a third party (the obligee). If a judge sets a surety bond in Indiana, you must obtain a bail bondsman or a local bail bondsman in your county and pay an eight or ten-percent premium on the face value of the surety bond. This premium is non-refundable and is the fee the bail bondsman charges for their services.

Secondly, there is a cash bond. A cash bond is the amount the judicial system pays to bail someone out of jail. The system may keep the cash if the person does not attend court when required. The benefit of a cash bond is that it is a direct, generally fast way of bailing someone out. However, if the judge has issued a cash bond, you are required to pay the cash bond directly to the county clerk or jail where the defendant resides. In this case, you cannot go through a bail bondsman.

Thirdly, there is a personal recognizance bond (PR bond). A PR bond allows you to be released from jail without paying anything. Unlike a bail bond, which requires you to pay a particular bail amount, your bond amount requires an oath that you will appear in court for your date. If the judge has issued a PR bond, you must also pay the county clerk or county jail where the defendant resides.

Fourthly, there are purge bonds. Purge bonds are a unique type of bond that is tied explicitly to civil cases. They are not technically a bond type in Indiana. Instead, in Indiana, this is called civil contempt, defined as the willful disregard or disobedience of a court order. In these instances, the defendant is required to pay the court directly.

Finally, there are cash-only bondsmen, which means they accept total cash rather than eight or ten percent. Smith American Bail Bonds provides cash-only bondsman, and you can pay with cash, a debit card, a credit card, or a major credit card. However, if a court cash bond has been issued, you must pay the cash bond directly to the county clerk or jail where the defendant resides.