Federal Bonds vs State Bail Bonds
A lot of people can easily confuse State bail bonds, and Federal bonds, however they are very different entities. State bail bonds are regulated by their own individual state, and are the result of an annual schedule fee being set up on a yearly basis. In the case of state bail bonds, the accused can be granted freedom if they qualify for a state bail.
Should someone be arrested for a federal crime, it is mandatory to appear before a Magistrate who will in turn, determine the amount of the federal bail. A Magistrate has all authority to release an accused on their own recognizance, issue an unrestricted bail, or even a bail with certain restrictions. Some of the restrictions could include, prohibited from traveling, ordered to seek employment, mandatory drug and/or alcohol testing, and perhaps even submitting to psychological, psychiatric, or even medical testing. Federal bonds do not have a set bail schedule like state bail does. It is up to the complete discretion of the Magistrate. It is natural to assume that a federal bail will be much more expensive than that of a state bail.
There are over 4,500 crimes that fall under federal. Some examples of federal crimes include:
- Customs Violations
- Tax Evasion
- Bank Robbery
- Mail Fraud
- Organized Crime
- Importation of Illegal Drugs
These are just a very limited list of the actual amount of federal crimes.
In the case of a federal arrest, it is normal for the bail bond to cost 15% of the entire bail amount, unlike the 10% in state bail bonds cases. For example, if $50,000 is the amount set on the federal bail, then a federal bail bond will cost $7,500. Federal bail bonds normally take longer to process than state bail bonds, and therefore require much more work from the bail bondsman, or bail bond agency. The rate that a federal bail bonds company can charge is regulated, the same as state bail.
If you or someone you know is charged with a federal crime, it is imperative that you contact a reputable, and experience bail bonds company. Federal charges are not something you should attempt to handle on your own.