

What Is a Cash Only Bond
Imagine finding out a loved one has been arrested. You rush to figure out how to get them out, and then you hear about something called a cash only bond. Suddenly, the usual options seem off the table, and questions start swirling: what is a cash only bond and how does it work?
You might feel confused. What is a cash only bond and is there any way around it? You are not alone. Let's get into everything you should know about appearance bonds and other related topics.
Table Of Contents:
Understanding Cash Only Bonds
Why Courts Order Cash Only Bonds
Cash Only Bond vs. Surety Bond: What's the Difference?
Who Can Post a Cash Only Bond?
Navigating the Realities of Cash Only Bonds
Can You Use a Credit Card?
What Happens After Posting the Bond?
Getting Your Money Back
When a Bondsman Can Help (and When They Can't)
Understanding a Bondsman's Role in Different Bond Types
Finding Support for Bail
Strategies If You Can't Afford a Cash Only Bond
Surety Bonds vs Cash Bond Differences?
FAQ
Conclusion
Understanding Cash Only Bonds
A cash only bond is a specific type of bail requirement set by a judge. It demands that the full bail amount must be paid in cash to secure the pre-trial release of a defendant. This ensures the defendant appears.
This differs significantly from a standard surety bond, where a bail bondsman can post bail. This usually involves paying only a percentage of the total bail money.
Why would a court require a cash only bond? Let's examine this.
Why Courts Order Cash Only Bonds
Judges order cash only bonds when they consider a defendant a higher risk. A defendant is more likely to flee or not appear in court.
This decision isn't taken lightly. It often stems from a defendant’s past behavior. Failing to appear in court or skipping out on outstanding fines may also be to blame.
To review: Courts want to make sure defendants appear. Cash only bonds help with that.
Cash Only Bond vs. Surety Bond: What's the Difference?
The main difference lies in how bail is paid. With surety bonds, a bondsman guarantees the full bail amount to the court. In Indiana, reputable bondsmen complete steps to become a bail agent. The state maintains a list of licensed surety companies to help the defendant to make sure you are working with a legitimate entity.
In exchange, the defendant pays a percentage, typically around 10% and sometimes with collateral.
With a what is a cash only bond, the entire bail money must be paid upfront in cash. The court holds this money until the case is resolved.
Feature | Cash Only Bond | Surety Bond |
Payment Method | Full bail amount in cash | Percentage (usually 10%) with possible collateral |
Third Party | Not typically involved | Bail bond company guarantees bail |
Refund | Full refund if requirements met | Premium is non-refundable |
Risk Assessment | High risk of flight | Standard risk |
Who Can Post a Cash Only Bond?
Many courts allow the defendant, a family member, or even a friend to post the cash only bond. Some bail bond companies also deal with cash bonds directly.
State laws might also let the court use the cash bond to cover fines or penalties from the sentencing. If this happens, the defendant might not get the entire amount back.
Be careful because if the defendant does not appear in court, the money is bond forfeited.
Navigating the Realities of Cash Only Bonds
Dealing with a what is a cash only bond can feel like a heavy burden. However, knowing some ways can lighten the financial impact and give you some other options.
Let's take a closer look.
Can You Use a Credit Card?
You might be asking about credit card payments. In Indiana, you should check with your local district to confirm which bond payment methods are accepted. You may be able to use GovPayNow, which is one method that allows credit and debit card payments. Another option might be through this payment system as well.
Also check to see if they take another version too. Keep in mind though, credit card firms may categorize it as what is a cash advance, triggering extra costs.
This could mean added fees and higher interest rates on what you owe.
What Happens After Posting the Bond?
After posting the bond, the defendant can be released from county jail. Keep in mind, they have to stick to any bond conditions set by the court.
They must attend all scheduled court hearings, among other things. Failure to comply results in the bond being forfeited and a warrant issued for their arrest.
To ensure the bond is returned, compliance is a must.
Getting Your Money Back
If the defendant meets all court requirements, the cash bond is typically fully refunded after the case is done. The tricky part is, sometimes the court uses the money post bond to pay fines or court costs.
This may reduce the amount you get back. It underscores why it's so important to fully understand all potential implications.
If you provided bail and used a third party, make sure the bond receipt is in your name.
When a Bondsman Can Help (and When They Can't)
It is important to understand that, typically, a bail bond company can't help directly with a cash only bond. The court specifically wants cash. But the thing is, that's not always the complete story.
A bondsman can still give helpful advice. Let's dive in and check out more detail on their exact role with different bond types.
Understanding a Bondsman's Role in Different Bond Types
To really see when a bondsman's help matters, let's consider the landscape of various bond types:
Surety Bond: With surety bonds, a bondsman guarantees the full bail to the court. The person needing bail pays the bondsman a percentage, with collateral potentially involved, with this type of bond.
Property Bond: They involve using real estate to secure release. The value of the property has to be equal to bail. If a defendant doesn't appear, the court might seize it. Check accident reports as needed.
Secured Appearance Bond: People posting need to give substantial collateral with a small cash percentage. The bondsman reviews collateral legitimacy before accepting. The collateral include homes, vehicles, jewelry, stocks. This will provide confidence defendant attends court.
This information will become extremely relevant. It helps to illustrate why understanding what options a person has helps a person get their bail request processed appropriately. Remember, keep county-specific items in mind, whether accident reports or simply the meetings & agendas that a branch must stay on top of.
Finding Support for Bail
Although direct help may be limited, a bond company can offer some help. For instance, they might connect you with resources that will help you navigate the legal system.
This will give insight into potential options you might have not realized were accessible. In addition, this insight can prove invaluable in making knowledgeable judgments for securing a friend or family member’s prompt liberation.
To reiterate though: Bond companies can't directly post cash only bonds.
Strategies If You Can't Afford a Cash Only Bond
Seek legal aid. Legal Aid Societies exist nationwide that offer legal representation to individuals. Your lawyer can petition the court to lower the bail amount.
Explore bond payment options. If a credit card seems too expensive because of potential credit card fees, you can investigate all financing solutions. Are there particular bond conditions or criteria for qualifying?
Understand potential. If the defendant is deemed to be a flight risk such as individuals who are not from Arizona who likely would not have the ability to provide security in lieu of bond, a court may put a high cash only bond.
Surety Bonds vs Cash Bond Differences?
Let's do a comparison of surety and cash bonds. What exactly is the difference? In a nutshell, cash-only needs 100% cash while a surety bond is a third-party guarantee secured using premium, according to experts in Indiana, in case appearance bonds bail needs fronting.
Sometimes a purge bond can be another option if the defendant meets specific criteria.
FAQ
Q: What happens to the cash only bond money after the case is over?
A: If the defendant meets all bond conditions, the money is typically refunded. However, the court might use it to cover outstanding fines or court costs.
Q: Can a cash only bond be reduced?
A: Yes, a lawyer can petition the court to reduce the bail amount, presenting arguments for why the defendant is not a flight risk.
Q: What if someone other than the defendant posts the cash only bond?
A: As long as the court accepts it, anyone can post the bond. Make sure the bond receipt is in the name of the person who posted the bond.
Q: Is a cash-only bond common for violent crimes?
A: Cash-only bonds may be more common for violent crimes or when the defendant is considered a high flight risk. It is up to the judge orders.
Conclusion
Understanding what is a cash only bond can feel tough when a friend or family member is involved. Just make sure to gather reliable advice from credible, helpful professionals as your most beneficial move. The register of deeds or the treasurer’s office or the county clerk can give insight when seeking data. Being clear on all possible bond procedure and effects lets you decide confidently when supporting someone who’s awaiting trial.