Bail Bonds – Vital Information
A bail bond is a legal agreement between a person posting bail and an obligee, which is a third party, that guarantees to pay the amount of money if the defendant appears in court and is found guilty. When posting bail, it is done through a bail bondsman. Bond agents manage the bail bonds business and ensure that the right payments are made to the bail bondsman on the agreed terms. They also make sure that the payments are made on time and in full. This ensures that the defendant does not run away and does not violate any other law. Bail bondsman can also be a lawyer who specializes in bail bonds or he can be a judge who authorizes the release of the defendant.Do you want to learn more? Visit Connecticut Bail Bonds Group-Bail Bonds
To post bail, a person must have a valid license from the relevant authorities. A bail bondsman plays an important role in ensuring that the defendant appears in court and is declared guilty. If the defendant fails to appear in court on the specified date, the court decides its decision on its own. The bail bondsman therefore has the responsibility to find the defendant.
Bail bondsmen also help the accused by providing them financial assistance if they cannot meet the bail amount due to certain reasons like lack of funds. Certain factors like unemployment and past criminal record also affect their availability to post bail. There are many bail bondsmen who help the defendants by finding them jobs in exchange for a bail bond. In most cases, the defendant posts a bond with the bail bondsmen and later if he fails to appear in court, the bail bondsmen releases the defendant from jail. But the bail bondsmen must keep in mind that if the defendant fails to appear in court within the specified time, his bond becomes forfeited.