The definition of a bail bond is a specific amount of money determined by the defendant’s charges, which must be paid to the court in order for the defendant to be released from jail prior to their court date. In return for their early release, the defendant agrees to appear at all scheduled court hearings. If they fail to appear, the court my revoke the bond and issue a bench warrant for the defendant’s arrest. If they are not returned to jail their bail is forfeited to the court. In some cases, a bail bond agent may be hired to secure the bond if the defendant does not have sufficient funds to pay for it himself.
A bail bonds agent is capable of securing a bail bond, in return for a fee or premium. The agent either agrees to pay or does pay the court the full bond amount as a guarantee that the defendant agrees to appear in court. The fees charged by the bail bonds agent are non-refundable and non-negotiable. If the bond is forfeited for any reason, the agent can sue the co-signer for the full amount of the bond.