What is Bail?
Bail bonding is the practice of assisting an arrested individual with the financial means to pay bail that has been set by the court.
After an arrest, the judge’s decision to set bail for the arrested party is determined by various factors. If the judge sets a bail which is above the financial means of the person, he/she can seek assistance from a bail bonding agency. The agency will pay the bail amount that has been set for the person. In exchange, the arrested person will pay to the agency a non-refundable percentage of the bail amount, which usually amounts to 10% in most cases.
Typically, if the set bail cannot be paid out of pocket many will seek the services of a bail bonding agency.
The bail bonding agency serves to assist those who have been arrested to post bond to avoid time spent in jail while awaiting a hearing or trial.