What is a Bail Bond?
Bail bonds are a bail agent’s business in which they use bail money to secure the release of someone who has been arrested and is in custody. A bail agent will post bail with cash or property, and when the person shows up for their court date, they get their bail back plus any interest accrued while the bail bond company was holding it. The Bail Bondsman can be an insurance professional, lawyer, or just another citizen committed to helping people out when times get tough. Learn more here.
A bail bond is a legal agreement between an arrested person and the bail agent, which requires any money paid to be returned after court proceedings. Learn more about Reasons Why You Need a Bail Bond.
Bail bonds are used in all 50 states for defendants facing criminal charges who cannot afford to post bail or other forms of release on their recognizance. A defendant’s family members may also use personal funds as collateral for bail. The bail amount will vary depending on several factors, including the severity of the crime, bail schedule, and county.
A bail bond contract is signed between the arrested person (also known as “the principal”), who has been charged with an offense punishable by incarceration in a local jail or prison facility; and one of our agents, which guarantees that if they fail to appear for their scheduled court date(s), then we are responsible for paying any associated penalties up to 100% of the bail amount set by the judge. This means that you must come directly to us when your loved one gets released from custody. If they fail to do so, it will be considered a violation of his bail agreement resulting in forfeiture of all fees paid plus fines imposed on either of them at his release.