Wednesday, January 21, 2009

Bail Bond

Posting a bail bond involves a contractual undertaking guaranteed by a bail agency,
surety and the indemnitor (usually a relative or close friend). The bail bond is a financial guarantee to the court that the defendant will appear in court each and every time the court orders.

For this service, the bail agent charges a premium for the service (typically 10% of
the full bail amount). In addition, the bail agency may require physical collateral,
the signing of a bail bond agreement (contract), or both, depending on the individual
circumstances. Often times a defendant can be bailed out of jail with only the signature of a responsible indemnitor.

After an agreement is reached between the bail agent and the indemnitor and all fees
are paid, the bail agent physically posts a bail bond for the full bail amount with the jail or court. The defendant is released on bail and given a date and location to appear in court.

If the defendant fails to appear in court, the indemnitor is responsible for paying the
full amount of the bail. If the defendant is located and arrested by the bail agent the
indemnitor is responsible for all expenses incurred by the bail agent while looking for the defendant.

Note: It is very important the indemnitor feels confident the defendant will appear in all of his/her court appearances or posting a bail bond is not recommended.