What is the Difference between Salt Lake City Bail and Bond?
Salt Lake City offers a variety of options for rescuing people out of situations that call for a bail or bond service. These two services are quite different from each other and need a specific set of skills on the part of the bail bondsman or attorney. Both 'bonding out' and 'bailing out' have the same effect temporary freedom - but they are different in procedure and processing.
http://www.escapebail.com/the-difference-between-bail-and-bond/ The most prominent and impactful difference is the source of money. Bail is the monetary amount a defendant must pay to secure his or her release. In the case that he or she fails to appear in court at the specified time, he or she has to forfeit the amount already paid to the court. If the defendant does not have the money to post as bail, he or she must make use of a bond. A bond is bail money paid by a bail bond company. The defendant can take up the specified amount as a loan with collateral, such as a car or house or some jewelry. This amount is accompanied by a set fee, usually around 10% of the bail amount. So, a bond is the bondsman's pledge to make good on the bail in the scenario that the defendant does not appear before the court.