Bond and Bail

Notable Similarities and Dissimilarities of Bond and Bail

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If a person is arrested, they may spend a long time in jail before the case gets resolved in the trials. But bail is an agreement when the jail time is reduced by a temporary release of the defendant. The words bond and bail are similarly used. But legally they have notable differences.

Similarities

  • Bails and bonds both are used as an alternative option for spending a long time in jail while waiting for court dates.
  • Both bonds and bails have terms and conditions which if broken taken with severe actions.
  • Bails and bonds are assurances to decrease the time of jail in return of service charges

Dissimilarities

  • The main distinction between bail and bond is the person who is agreeing to pay the bail amount.
  • Bail is generally posted by the defendant himself but the bond is covered by a third party or an agency.
  • For bail, you just need liquid money like cash but bond agreements can be paid in various forms of money.

Let us understand the bond and the bail through the comparison chart more clearly. Connecticut Bail Bonds Group – Hartford County will help you to understand the comparison.

Basis for comparison

Basis of ComparisonBondBail
 Bond is the pledge by the bondsman for making the bail conditions good when the accused fails in appearing before the courtBail is actually a temporary release of the person who is waiting for the trial. The sum may be deposited through collateral for ensuring the future attendance of the accused in the court.
Paid ByBail BondsmanDefendant or anyone on their behalf
MoneyNot refunded after the trialThe money is refunded after the end of the trial
CostHighless
ConsiderationThird party takes the entire responsibilities of the obligation and debt of the accusedOnly cash consideration is accepted

Key Differences of the Bonds and the Bails

1.  Bail implies the temporary release of the accused that is waiting for the trial. The appropriate authority takes a certain sum of money and assures the appearance of the accused in the court.  On the other hand, bonds guarantee a surety where the person will appear in the court.

2. The consideration amount should be paid by the defendant or anyone on his behalf in bail but in bond the amount will be paid by the bail bondsman.

3.  The bail amount is returned after the trial is over. But in bonds, the agencies take the amount as service charges and are not refundable.

4.  The bond is comparatively expensive than the bail as it includes interest.

5.  The bail is allowed for an amount for consideration set by the court but the bond is only paid by the agency who takes the full responsibility.

Conclusion

The above post clearly distinguishes between the bond and the bail. The bond amount paid by the bondsman but the bail amount needs to be paid by the defendant or anyone on his behalf. Compared to the bond amount, the bail amount is comparatively less as it does not include any interest.

Also Read: A Hefty or an Affordable Bail Bold Amount – It’s The Judge Who Decides It All 

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