A bail bond is a sort of surety bond that the court will use to guarantee a defendant’s release while awaiting their next court date. They are typically posted by someone over eighteen, and the money paid by the person posting the bond is remitted to the court on behalf of the defendant.
Form of Surety Bond
Bail Bonds are an essential part of the bail process. Bail is a high-dollar amount that many people can’t afford to pay alone. A bail bondsman arranges a surety bond with an insurance
company. This bond allows the insurance company to guarantee a person’s appearance in court. The only drawback to this type of bond is that the bond agent could be liable for the bail amount if the person does not appear in court. Bail is the sum of money a defendant must pay to be released from custody. A bond is … Read more