The law states that people are entitled to bail while awaiting trial. Bail is an amount of money that the court wants to retain, guaranteeing that the defendant goes to court. If the defendant goes to court the money is returned, if not, the money is forfeited.
WHAT IS A BAIL BOND?
A bail bond, also known as a surety bond, is an agreement or contract between a licensed bail bond agent and the accused individual, agreeing that the accused will appear in court in exchange for the posting of bail by the bondsman.
HOW DO BAIL BONDS WORK?
If an accused individual doesn’t have the money for the total bail amount set by the court, they, or someone acting on their behalf, can contact a bail agency to purchase a bail bond and use equity in property to secure the bond. The fee for purchasing a bond is usually regulated by a state agency and is typically 10% of the set bail amount. This fee is non-refundable.
After the purchase of a bond, the bondsman acts on the behalf of the accused and will arrange with the court to have the defendant released from jail pending their court date. The bondsman then becomes responsible for ensuring that the defendant appears for their court dates.