If you are arrested, you can usually post bail and be released from jail until it is time for you to stand trial. After you’ve appeared in court, the money that you paid will be returned to you. It’s an ideal solution if you don’t want to sit in jail for weeks at a time waiting for your trial. Unfortunately, posting bail can mean paying thousands of dollars, something that the average person cannot do most of the time. This is when you would need to purchase a bail bond.
What Is a Bail Bond?
A bail bond is a form of insurance that you can purchase from a bail bondsman instead of posting bail. The bondsman will post bail for a reasonable fee while you or a member of your family puts up some property as collateral. As long as you appear in court as scheduled, the bail will …