We all know what a surety bond does; someone pays a bail bondsman a percentage of their bail amount, and the bondsman puts up the rest to get them out of jail until their court date. However, did you know that another type of bail bond exists? The recognizance bond. We’ll go over it here, along with its advantages and disadvantages.
What it involves:
When you get released on recognizance (OR), you agree to liability for your full bail amount should you miss your court date. The advantage has to do with the fact that you don’t have to make any initial payment. However, unlike with surety bonds, you will have to pay the full bail amount should you miss or forget your court date on accident. Another disadvantage involves the extra rules that tend to get tacked on to a recognizance bond, which look very similar to some of the rules of probation.
While certain circumstances require recognizance bonds, most of the time people go with surety bonds. If you or a friend/relative have need of this type of bond, Ammediate Bail Bonds can help. To find out more, speak to one of our licensed bondsman at (321) 631-2663.