When a bail bondsman, working with a bail bonding agency, puts up a fee for the release of a suspect on bail, the bondsman charges a fee of usually about 10% of the amount of money that is required to pay the bail. This initial fee is not refundable, even if the case is thrown out after the suspect posts bail. The bail bondsman will take out a security against a defendants assets in order to cover the cost of the bail.
If the defendant does not have enough assets, then the bondsman might take out securities against individuals that are willing to assist, such as relatives and friends. When a security is taken out, a bondsman often requires that 10% cash payment in addition to the mortgage on a persons home that would equal the full amount of the bail bond money owed.
In the event that a defendant does not arrive in court on trial day, the bondsman can not only hire a bounty hunter to track the defendant down, but the bondsman then has a right to sue the defendant for money that was given to the court for the defendants bail bond. The bail bond service may also recover any unpaid money by claiming assets that were owned by the defendant or those individuals that signed a contract to financial assist the defendant.
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