How does a bail bond work? ExpertBail
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expertbail
24 Views • Dec 16, 2010
Description
Typically, a bail amount is set by the local court jurisdiction following the arrest of a defendant. A family member, a close friend, or sometimes the defendant will contact a bail agent to arrange for the posting of the bail bond. The family member or friend that is guaranteeing the bond, also known as the indemnitor or co-signer, will complete paperwork and pay the premium, which is a percentage of the bond amount. By signing the paperwork, the indemnitor is guaranteeing that he or she will pay the full amount of the bond if the defendant fails to appear in court. Typically, collateral is taken from the indemnitor to secure the guarantee.ExpertBail is the only true National Bail Bond Network. With bail bond agents in every state that bail can be written, the ExpertBail Network of Agents can service your needs no matter where you or the defendant is located.
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