Essay On Bail Bonds

In the states that have bail as part of their legal procedures, the bail bonds process is normally regulated by the state itself. In some cases, the regulations and laws that govern the department of insurance also apply to bail bonds. Different states have different concepts and rules to govern the bail process. The criteria that one state may use to apply the process of bail bonds might not be similar or applicable to another state. This has made it very difficult to find information about the process of bail bonds that is right and up-to-date. However, regardless of the fact that the bail bonds process is customized for every state, there are those similarities that can be found in all the state processes.

Before moving on with the article, it is important to define what a bail bond is for the purpose of making you understand the entire topic. A bail bond is an understanding between two people and a bail bond agent, on which the agent, who is normally referred to as a bail bondsman, will agree to pay the amount of the bail bond and hence result in the release of the person who has been arrested and detained with immediate effect. The arrestee has to promise that he/she will appear in court and will …show more content…
Collateral is however necessary so as to cover the entire bail amount in the event of the indemnitor being unable to pay back the money or the arrestee fails to appear in court. If the arrestee fails to appear in court even once, then the bail money will not be refunded to the bail company. This effectively means that whatever you used as collateral will be absorbed by the company and they will try as much as possible to recover the money that they had paid. In order for a person to be eligible to post a bail bond, he/she has to be registered and licensed by the state department for insurance. Bail bonds process might sound complicated but it is actually quite simple once you get your hands on