After a judge or magistrate determines your eligibility for bail, you may have a few different options to leave jail early. However, your options will depend on your specific charges and circumstances. You might have heard of a cash bond of seen the term “own recognizance” but what do these terms mean? Here is a quick guide to help explain the most common types of bail bonds.
When you pay the full amount of bail, this is known as a cash bond. In some cases, this might be your only option. If the magistrate determines you are too high a flight risk, you might need to come up with the money on your own. While friends and family can help you pay the cash bond, you cannot use a surety bond or bail bond if a cash-only bond is required.
Released on Own Recognizance/ROR
Although less common, you might be eligible for release on your own recognizance (sometimes called ROR or OR). In this scenario, the magistrate determines that you can leave jail early without any financial security. In other words, you do not need to pay any money for your release. This also means that you will not lose any money for failing to show up in court, though you could still have a warrant issued for your arrest if you fail to appear. ROR is often used for first-time or low-level defendants.
Surety or Bail Bond
When you are eligible for a bail bond or surety bond, you can save money up front by using a bail bondsman. In this process, you pay the bondsman a small percentage of the full price of bail, usually 10 percent. This fee is not refunded to you, but he will put forth the rest of the cost of the bond so you do not need to come up with the money to leave jail early. Failure to appear will result in bond forfeiture, making you liable for the full cost.
If you have questions about the types of bail bonds in Weslaco, TX, call Rodriguez Bail Bonds at 956-316-2245!