A bail bondsman, bail bondsperson, bail bondsman, or bond broker is any individual firm or company that will act as a surety to the court and pledge property or money as security for the appearance of the defendant at the court. As the industry grew, bonds people began to offer bonds of longer duration, which can last up to a month, but are often tied to collateral. Visit Connecticut Bail Bonds Group.
Bail bondsmen are also referred to as bail agencies or bail agents. A number of firms offer this service and it is not uncommon to see them advertising in business journals, newspapers, and on the internet. A bond broker is basically someone who can give advice on the best bonds to buy but does not actually carry out any transactions themselves. These firms typically advertise their services through a broker’s office or in advertisements seen online.
It is important to understand that different bonds can be used for different purposes and are used in different court cases. For example, a bond of one hundred dollars is known as a recognizance bond and this means that if the defendant fails to appear in court then the bail agency or firm will be legally obligated to release the defendant with or without bail. While recognizances are very common in courts, other bonds are more commonly used by lawyers and private investigators.
If you are arrested for a criminal offense then it is imperative that you hire a bond company or bail agent to help you out. These agencies are required to be licensed and meet certain standards. Most have a website and some advertise their services through newspaper ads. They usually work with banks and financial institutions to provide a safe place for depositing a bail amount into a bank account until the court case is resolved.
Brokers are hired by individuals to act on their behalf by providing a guarantee that they will be able to post the bonds on their behalf. The amount and period of time the bond will be posted will be agreed upon between both parties and will be based on the court rules of procedure. Most bail brokers are paid on an hourly basis and so they can work round the clock.
Bailspeople generally have no legal responsibility for ensuring the defendant appears in court and therefore it is recommended that they be employed to ensure that the defendant appears in court and not the court of the state where the charges have been brought against them. Most of these agencies operate as independent contractors and only work on a case by case basis to assist people with the legal and financial aspects of their cases.