Bail bonding. Not many can grasp the idea of it so easily. To have clearer perception of the concept, the bail process should be explained first. It all begins with an arrest. The suspect will be placed in jail for allegedly committing a crime, and the schedule for a bail hearing will be set. During this hearing, the judge will determine if a bail should be set, and how much the bail would be. If the suspect can pay this amount, he is granted temporary release from jail. Once all hearings for his case have been completed, the bail amount is returned to the person of the accused crime, minus the court and administrative fees. However, according to data from the U.S. Department of Justice, Bureau of Justice Statistics (BJS), in 2009, only 38 percent of defendants in urban cities were released because they were able to meet a financial obligation. Of those released on bail, only 5 percent were able to pay the full cash amount outright. Many defendants do not have entire bail amount, so they seek out a bail bondman

A bail bondman, or agent, is an insurance agent who sells a bail bond, to a defendant or their family to ensure the person’s release prior to trial. Bail agents usually charge 10-15 percent of the total bail amount, and this price is no longer returned. This is to guarantee that the defendant comes back to court.  In some cases, the agent also requires the alleged to sign collateral in the form of properties such as houses, cars, or other possessions, which serves as an additional incentive for the defendant to return. This is what the bail bond is. It is actually a contract that states that the bondsman will pay the court the full amount of a defendant’s bail in the event that the defendant does not return to court.