How do bail bond make money
A written promise signed by a defendant and surety to ensure that a criminal defendant will appear in court at the scheduled time and date, as ordered by the court. The bail amount is set by the court.
The process starts with a defendant being released on bail; the bail is paid by a surety bail bond agent or bondsmanwho usually collects a percentage of the amount of bail. In order to pay the bail, so that the defendant can be released while awaiting trial on criminal charges, the agent might require collateral in the form of valuable property, securities or a statement of creditworthiness.
Additional fees may also be added.
The goal of a bail bond is to prevent abuse of the appeal process, where the intent for appeal is for a reason other than that for which it is intended. If the defendant fails to appear in court, the cash bond is paid to the court and the collateral is collected by the bond agency, including any other related fees.
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Bail Bondsman Salary
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How Much Does a Bail Bondsman Earn Annually? | kysiqubonypun.web.fc2.com
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