Bail is a financial arrangement that a bail bonding agency will make on behalf of the criminal defendant. A bail bonding agency, acting for the defendant, will arrange with the court to have a suspect released from jail pending the trial in exchange for money or collateral, which may be cash, assets, or a bond. The court sets the monetary value of the bail.
The bail agency is then responsible for ensuring that the individual arrives in court on the day of his or her trial. If the individual does not turn up in court, then the bail agency may hire a bounty hunter to track the individual down. It should be noted that the U.S. is one of the only countries in the world that still allows bounty hunting. A bond is a surety that the full bail amount will be paid, but some courts will accept either the full bond or a 10% cash down payment for the release of a suspect.
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