How do Bail Bondsmen Make Money?
If a person is arrested and charged with a crime, the court often offers bail. Obtaining a loan from a bondsman is a solution if you do not have enough money to make bail. Bail bondsmen earn money from such a loan.FunctionA bail bond is set by a judge and designed for an inmate to be set free temporarily, with a fee and a promise that he will appear in court at a later date.Court AppearancesA bail bondsman puts up the rest of your bond to the court on the condition that you will make all court appearances. Once this is done, the court dismisses the original bond. However, if you skip court, the bondsman will expect to be paid the entire bond.MoneyA bail bondsman charges an initial fraction of the total bond, usually around 10 percent, according to Law Collective. This fee is non-refundable, regardless of the fact that the court may dismiss an initial bond.CollateralIn many cases, an inmate or relative does not have the necessary amount of money for bail. A bondsman may allow you to put
