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HomeBusinessHow is bail different from a bond?

How is bail different from a bond?

From the time of a person’s arrest until the time of appearing for trial in court, the person might have to spend the time in custody unless released on bail.  Usually, the arrested person can walk free if he or she goes before a judge and seeks bail. The judge would then decide the terms and conditions for releasing the person by considering the seriousness of the offense, the criminal background of the person, and the circumstances. If the person appears to a threat to society, the judge will refuse bail, implying that the person must stay in custody until the case goes for trial, which in judicial parlance is known as 'remand' to know more: employment bond legal in India

What is bail?

The process of bailing out an arrested person involves making payment of a certain sum of money fixed by the court that acts as a guarantee that the person if freed would abide by the terms and conditions of the bail as decided by the judge and appear at the court on the dates when the trial would take place. Usually, the judge sets a high amount so that there are high chances of the arrested person showing up at the court because of the money at stake that otherwise the court would forfeit if the person fails to live up to the promise. Bail ensures temporary freedom of arrested persons.

Arranging for the bail money

The arrested person must pay the bail amount either by arranging for funds from own sources like family members, friends, colleagues, etc. or take help from a bail bond company like Castle Bail Bonds for making the payment. If the person arranges for the fund on his own, then he or she must prove that it is legal money. The court may refuse to accept the money if it is suspicious about its legality. Since bail money must be arranged fast but to do it from own resources might not always be possible, a better way is to involve a bail bond company that arranges to make payment either in cash of by furnishing a bond.

What is a bail bond?

Although the bail and bond serve the same purpose of temporary freedom, and in most cases, people use the terms interchangeably, there is some technical difference between the two. When you involve a bail bond company licensed to do business in bailing out arrested persons by arranging for the funds, the company does not always make cash payment for the bail amount, which is sometimes very high. Instead of providing cash, the bail bond company assures the court that they would take full responsibility to ensure that the person does not run away after release and would appear in court on the specified dates. The company posts a bond to the effect that in case the person violates the terms and conditions of bail, the company would be liable to make the payment at that time.

The manner of paying the bail amount by cash instantly or later makes the difference between bail and bond. 

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