What Is the Difference Between a Secured and Unsecured Bond?

In Virginia, paying bond ensures a defendant will appear in court after being released from jail. This monetary sum is returned to the payor after a defendant has appeared in court and completed their trial. It is not returned if the defendant does not complete their trial.

There are two main types of bond in Virginia: secured and unsecured. Though they may sound similar, they are quite different.

Secured Bond

A secured bond is the process most people think of when they hear the word ‘bond.’ It is a monetary promise that a person will return to the court for their trial. Sometimes, no bond will be set and it will be up to a qualified attorney to file the appropriate motion.

When granted, a bail bondsman can usually help defendants who are unable to post their own bond by loaning out the money. Sometimes the bail bondsman can secure a hasty release by paying only 10% of the full amount.

Unsecured Bond

An unsecured bond is simply the promise that the defendant will pay a certain amount of money if they do not follow the precise conditions of their bail. There is no requirement to pay this sum in full or in part.

Sometimes, the court releases a defendant on a third type of bond called personal recognizance. It is very similar to an unsecured bond in which there is no monetary requirement to release  a defendant from jail. The defendant is given the date they must return and then officially released. 

Our Attorneys Can Help You

If you or a family member is facing charges in which a bond is necessary, reach out to our compassionate attorneys today. We will work with you and the court to get you out of jail before your trial date as quickly as possible.

You can reach us by calling (757) 517-2942 or completing an online form for your consultation.

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