The purpose of setting bail is to assure the court that the person bonding out will show up on their appointed court date. Bail bonds can take on many forms in Louisiana.
Types of Bail Bonds
A signature bond is when a person other than the inmate guarantees that the inmate will show on their court date or they (the person signing the inmate out) will pay the full amount of the bond
Release-On-Own-Recognizance or “ROR” for short is when the court will allow the inmate out on their word alone that they will show up for their court date.
Cash- Property or Surety Bond “ CPS”
A cash bond is when an inmate can produce 100% of the bond amount. If the bond is set for $10,000.00 the inmate turns over $10,000.00 as collateral to the court. That insures that the inmate will show up for all of their court dates. Once all of the bond obligations are fulfilled the $10,000.00 is returned to the inmate.
A property bond is when a person close to the inmate owns property that is valued at or above the amount that the bond is set for. This is usually only allowed by the courts when the property being used is located within the parish or a neighboring parish that the inmate is bonding out of.
Surety bonds are what a bail bondsman is used for. A bail bondsman will insure to the courts that the inmate will fulfill all of their bond obligations. For that service they charge a fee. By law that fee cannot be less than 12% of the bond amount. An example would be if an inmate’s bond is set at $10,000.00 then the price to bond them out with a bondsman would be $1200.00 plus fees.