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What do bondsmen do?

What do bondsmen do?

Bail Bonds
 

A bondsman acts as a surety bond on behalf of a defendant who has been accused of a crime by the court and has been sentenced to a jail term. It means that the bondsman or their company takes on the monetary penalty on themselves, if the defendant fails to appear for their court dates. If the defendant violates the rules of the courts or the terms and conditions of the bond deal, then the bondsman is legally allowed to recover the amount from the defendant.

The bail bondsman has a responsibility to ensure that they are paid and receive some return on the investment they made in the defendant. For defendants facing state charges, the bondsman may charge a 10% premium. For defendants with federal charges, they often charge 15% of the total bond amount. Sometimes, they may also ask for personal property or assets to be used as collateral to ensure that the defendant appears for their court dates.