State Bonds are also commonly referred to as appearance bonds. These Bonds are set by a Judge of the County or Circuit Court where the accused is being held pending trial.
State Bonds in most states including the State of Florida cost 10%. Some states can be a little more, up to 15%. Collateral for these bonds can range from partial cash to homes, raw land, credit cards, stocks, bonds, bank CDs, and high-priced items such as boats, airplanes, helicopters, and expensive cars.
Federal Bonds are essentially a combination of performance and appearance bonds set by a Federal Judge or Magistrate of the US Government pending trial.
Federal Bonds cost 15%. Collateral for these bonds can range from partial cash to homes, raw land, credit cards, stocks, bonds, bank CDs, and high-priced items such as boats, airplanes, helicopters, and expensive cars.
For more information or to discuss your particular case, call us at 1-800-940-8889.
|