There are cases where the court orders that the only type of bond they will accept for the defendant’s bond is the cash-only bond.
If you are ordered to pay a cash-only bond, you must pay the entire bail amount in cash. This is very different from the usual surety bond where the bail bond company can handle the entire bail money once the defendant has paid for a specific amount, often about 10-15% of the cost to the company. However, when it comes to the cash-only bonds, the accused will only get out of jail after paying the entire amount. Courts accept real cash or you can use a more secure payment type such as the credit card or debit card.
Why Cash-Only Bonds are Ordered
A cash-only bond is a stricter bond that the court orders in specific cases, for instance, if the judge or magistrate considers the accused to be a moderate flight risk. It may have been necessitated by the accused prior behavior like failure to pay fines in other cases or failure to show up in court on the day when the trial had been set.
Who Posts A Cash-Only Bond?
Many courts, especially in Colorado, will allow the defendant, third party (a bail bondsman dealing with cash bonds or an acquaintance) or a family member to pay the cash-only bond bail money. State laws also allow the judge to include any fines or penalties that are part of the defendant’s sentencing in the cash-only bond and therefore once the case is determined, the defendant might not get the entire amount back.
What Happens After Paying The Cash-Only Bond
Just like other types of bail bonds, the defendant will get out of jail after posting the cash-only bond. However, they will be required to adhere to any conditions specified in the bond.