Types of Bail / Bonds in Weld County
Since most people do not have thousands of dollars of cash, Colorado courts allow different types of bail-bonds in Weld County.
What is Bail / Bond?
Bail / bond is a set amount of money determined by the Court, which offers security that the arrested person will appear for all court appearances. The court does not want to release an arrested person without some sort of assurance or there is a significant chance many would fail to appear for court appearances.
What are the Different Types of Bail / Bonds?
Cash Bail / Bonds
Cash Bail / Bonds involve actual cash dollars being posted. The entire cash Bail / Bond is refundable to the person posting the money following sentencing.
Property Bail / Bonds
Property bail / bonds in Colorado involve the filing of a lien by the government against real property. Typically, the property owner who is posting the Bail / Bond must have 1.5 to 2 times the amount of the bail in their property's equity.
Personal Recognizance Bail / Bonds
Colorado Personal recognizance bonds involve a promise to pay by the person signing with or for the defendant. No money is posted, but the bail / bond converts into a civil judgment for the court should a defendant fail to appear.
Surety Bail / Bonds
Colorado Surety bonds are usually used with large bail / bond amounts. With these, the defendant will contract to rent the bail / bond money from a bondsman, who assumes the risk of a failure to appear. Typically in our state, the bondsman will require a rental premium fee of 10% for bonds larger than $10,000, and 15% for bonds less than $10,000. The bondsman keeps the premium for incurring the risk of loss of the bond. If the defendant were to fail to appear, the amount of the bond may be lost by the bondsman or his insurance carrier.
Where Can I Post Bail / Bond?
Weld County Cash and Colorado surety bail / bonds are typically posted at the Colorado jail where the person charged is held in custody.