Bail Bonds , Bail bondsman ,Surety Bail | Legal Solutions

Bail Bonds | Bail bondsman
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Management Notes

A bail bond is a written promise signed by a defendant and surety to ensure that a criminal defendant will appear in court at the scheduled time and date, as ordered by the court.The bail amount is set by the court.A bail bondsman, bail bondsperson, bail bond agent or bond dealer is any person, agency or corporation that will act as a surety and pledge money or property as bail for the appearance of persons accused in court.Although banks, insurance companies and other similar institutions are usually the sureties on other types of contracts such entities are reluctant to put their depositors’ or policyholders’ funds at the kind of risk involved in posting a bail bond.

Bail bond agents, on the other hand, are usually in the business to cater to criminal defendants, often securing their customers’ release in just a few hours.Bail bond agents are almost exclusively found in the United States and its former commonwealth, the Philippines. In most other countries the practice of bounty hunting is illegal.The industry is represented by various trade associations, with the (PBUS) Professional Bail Agents of the United States and the American Bail Coalition forming an umbrella group in the United States.

Related Terms (Surety Bail | Ace bail bonds | Bonding company | Jail bond | aaa bail bonds | a1 bail bonds | bail bond agent | bond company | bail bond company | bail agent | american bail bonds | post bail | bail bonds service | bail out of jail | surety bail bonds | easy bail bonds | surety bail | bail or bond | surety bond | bonding agent | bail bonds near me | bail hotline | bond out of jail | pay bail | liberty bail bonds | ace bail bonds | bail bondsperson | bail company | bail someone out )

Source : Investopedia , Wikipedia

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