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.