What Is a Split Bail Bond?

Description

A bail bond is paid by a defendant or a bail bondsman. The bond is an amount set by a court to ensure the defendant returns to court on the appointed date. If a defendant does not have the money to pay, a bail bondsman pays the amount. The amount is returned as long as the defendant shows up to court.

Details

A split bail bond occurs when a defendant can pay part of the bond required. The bail bond is then split, requiring a bondsman to pay the other half.

Types

Bail bonds can be cash bonds or property bonds. If a defendant has property to use, the property is held as collateral. The defendant may also split the bond, where a part of it is paid with cash and the other part is secured with property.

References

About the Author

Jennifer VanBaren started her professional online writing career in 2010. She taught college-level accounting, math and business classes for five years. Her writing highlights include publishing articles about music, business, gardening and home organization. She holds a Bachelor of Science in accounting and finance from St. Joseph's College in Rensselaer, Ind.