A cash-only bond is typical in legal cases where a judge considers the defendant a moderate flight risk, often due to actions such as failing to pay fines in prior court cases. In these situations, a cash bond ensures the court will receive payment even if the defendant fails to show for further court proceedings.
A cash bond means the court will accept only cash for the full amount of the bond -- not equity in property or other collateral -- in exchange for your release from police custody. For example, if the bond amount is $700, you’ll need to post the full amount in cash or by using a secure payment such as a debit or credit card to get out of jail. According to the website of Cash-Only Bail Bonds, most jurisdictions require the exact amount and will not provide change.
Who Can Post a Cash Bond?
While specific procedures for posting a cash bond vary according to the rules in your location, it’s usually a simple matter of paying the bond at the jail’s cashier window. The cashier will usually issue the bond receipt in the payer's name unless instructed otherwise. Therefore, it’s important to make sure that a third party paying a bond for you but using your own money gets the receipt in your name. This way, you will receive the refund if there is one.
What Happens Next
Once you post a cash bond, the court holds the money in a trust account until the completion of the case. If you’re found not guilty, the court will exonerate the bond and return the money. If you’re found guilty, the court will still exonerate the bond but may keep some or all the money.
A cash bond works the same way as any other bond once you post it and are released from jail. You must comply with any conditions attached to the bond and attend all court proceedings as long as the case is pending. Failure to comply or bail jumping could result in a judge issuing a bench warrant for your arrest and revoking the bond.