Home > Business > Financial Services > Surety Bonds > Bail Bonds
The law states that people are entitled to bail, while awaiting trial. Bail is an amount of money that the court wants to retain, guaranteeing that the defendant goes to court. If the defendant goes to court the money is returned; if not, the money is forfeited. If someone doesn't have the required amount he can purchase a Bail Bond, and use equity in property to secure the bond. The fee for purchasing a bond is usually regulated by a state agency such as the department of insurance, so the price typically doesn't fluctuate from company to company. The main difference between agencies is the service they will provide.
Home > Business > Financial Services > Surety Bonds > Bail Bonds
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