Bail bonds how does it work

If this happens or if the defendant violates any bail conditions, the bail agent will locate the defendant and take them back to jail. Once the trial is over you are no longer obligated to the bond. It does not matter whether the defendant was found innocent or guilty.

Search for a Local Bail Agent. Bail cost varies from state to state because of different statutes and regulations. Find out how much it costs in your state. Collateral is property like a house, car, art or jewelry that helps guarantee the defendant will show up for court.

For more information about collateral, visit here. How Bail Bonds Work If you're looking for a clear and concise explanation of how bail bonds work, you may be at a loss. Career Advice. Income Tax. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page.

These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. What Is a Bail Bond? Key Takeaways A bail bond cosigned by a bail bondsmen is posted by a defendant in lieu of full payment of the bail set by the court. The bail bond serves as surety that the defendant will appear for trial.

Of course, due to the nature of surety bonds, the surety company would seek out compensation from the defendant in order to recover any penalty they had to pay. It is important to understand the risk involved in Bail Bonds. Underwriters will evaluate the total risk of posting a Bail Bond, including personal life, financial situation, family circumstance, and the case itself, before issuing a bond. Approval is not easy and often requires other people to indemnify, or co-sign, for the defendant.

What Is A Bail Bondsman? What Is A Supersedeas Bond? Contact Us Search Our Blog. What is a Bail Bond? There are two types of Bail Bonds: Criminal Bail Bond: used in criminal cases and guarantees that a defendant appear for trial when called upon by the court and guarantees payment for any fines or penalties that are decided against the defendant.

Bail bond companies are, in most states, for-profit businesses that charge a nonrefundable fee, usually 10 to 20 percent of the bail amount, to post bail for a defendant. The bail bond company signs a contract, known as a surety bond, in which it agrees to be liable for the full bail amount if the defendant fails to appear in court or otherwise forfeits his or her bail.

Since the bail bond company is potentially on the hook for a large sum of money, it may require the defendant to check in on a regular basis, or even consent to be monitored by the company.

The next step for a bail bond company, if the defendant fails to appear in court, might be to retain the services of a bail recovery agent, sometimes known as a bounty hunter.

Last reviewed October Criminal Law Contents. Bail vs. Defendants with pending warrants are usually not eligible for bail. Criminal Law.

Aggravating and Mitigating Factors in Criminal Sentencing. Types of Bail. Bail Algorithms.