The federal bail bond system is completely different from other types of bond although there are some similarities like the presentation of money or collateral in court for the defendant’s temporarily release, or the setting of release conditions for the defendant to strictly follow lest he or she will be put back to jail.
In totality, the federal bail bond system is stricter, inconvenient and less trusting. And the process is slower compared to commercial bail bonds.
Getting a federal bail bond can be frustrating. It would take one week or one month the most to secure a federal bail bond. And even if the bond is already approved, it would take a few days more before the defendant is released from jail. This is because of the stricter process of securing a federal bail bond that anyone applying for it will have to go through many steps.
Aside from that, you have to prove that you have enough money and assets as full collateral to cover the entire cost of the bond. Paying just a percentage of the bond is not accepted since full collateral is required. Otherwise, the defendant will not get out of jail.
To prove your capability to pay for the bail bond, you have to attend a series of Nebbia hearings to show that you have the cash or the collaterals and that you have to prove these are not earned through illegal activities.
The federal bail bond system also doesn’t have bail schedules or a list of offenses and their corresponding bail from each state or county. This means that the bail given to a defendant is completely arbitrary and it is only the judge who decides if he will grant a bail or not. If he does, he sets the amount based on the offense committed by the defendant.
If the defendant finally secured a federal bail bond, some conditions will be imposed for his or her temporary release. If the defendant breaks either one of the conditions, the cash or collateral given as bond will be forfeited and he or she will be put back to jail.
But if the defendant follows all the conditions of the release and appears religiously in all court hearings until the trial ends, the cash and collateral will not be touched and will be returned after the trial.