There are four types of bond that can be posted to ensure a defendant's release from jail. They are Personal Recognizance (PR), Cash, Property, and Surety. See below for the distinction.
This type of bond is obtained through a bail bondsman. Bondsman are subject to statutory requirements under C.R.S. 12-7-109 and 16-4-112. A defendant can hire a bondsman to guarantee to the court that the he/she will appear at all future court dates. In return, the defendant will pay the bondsman a percentage of his bond.
By statute, bondsman cannot charge more than 15% of the original bond amount. In the event that the defendant does not appear for court, the bondsman is liable to the court for the full amount of the bond. If this happens, the bondsman will send a Bounty Hunter to locate the defendant and retrieve the bondsman's money. Call us at 303-892-6822 to take advantage of our 24-hour free consultation.