Sometimes a person facing criminal charges is given an opportunity by the court to pay a bail in order to secure freedom until the date of the actual trial. The bail depends on the severity of charges the accused person is facing. At times the accused person does not have the money to pay the amount required to secure his temporary release. In such cases, bail bonds come into play. A bail bond is a kind of a guarantee bond giving an assurance to the court that the accused person will show up for court hearing. The accused person pays an agreed percentage of the amount required for the bail to the bail bonds agent. Bail bonds enable an individual to get out of jail to and resume their lives as they wait for the trial date.
A bail bonds agent, also known as a bondsman, is a person who pays a bail bond to the court to secure the release of the accused person. The bail bondsman guarantees the court that they will be responsible for the accused person to appear on the trial date. Bail bonds agents normally have an agreement with courts in their area whereby they post an irrevocable bond. This bond is used to pay the court if any of the any accused person bailed by the bail bonds agent fails to appear in for trial.
Bail bonds agents charge between 10% and 15% of the total bail amount as their fees. This fee is determined by the state. A Bail bonds agent takes a huge risk on bail bonds. If the accused person decides to flee from prosecution and the bail bonds agents cannot trace him they forfeit the total bail amount paid to the court .Bail bonds agents are mainly found in the United States and Philippines.