What is a bail bond?

A bail bond is a legal agreement between a bail bond agent and the court that allows an accused individual to be released from custody while awaiting their trial. When someone is arrested and unable to afford their full bail amount, they can seek assistance from a bail bond agent. The agent, typically backed by an insurance company, pays the bail on behalf of the defendant, ensuring their release. In return, the defendant pays a non-refundable fee or collateral to the agent, usually a percentage of the total bail amount. This fee serves as the agent's service charge and ensures the defendant's appearance in court. If the defendant fails to appear, the agent is responsible for locating and returning them to custody. Ultimately, a bail bond is a financial arrangement that provides temporary freedom for individuals within the legal system.