WebBond Legal Definition. The bond legal definition is, by law, a written agreement in which someone receives the bond (monetary payment) and promises to engage in a specific act, i.e., performing under a contract or appearing in court. A failure to perform results in the party’s forfeiture of the money previously given, or a requirement of the ... WebA bail bondsman, bail bond agent or bond dealer is any person, agency or corporation that will act as a surety and pledge money or property as bail for the appearance of a …

How Does Bail Work? How Is Bail Set? Nolo

WebDec 10, 2024 · Cash bail is used as a guarantee that a defendant will return for a trial or hearings. The money is returned after they make all necessary court appearances, otherwise the bail is forfeited to the government. In most places, a standard bail amount is set for any alleged offense, but judges typically have broad discretion to raise or lower it. WebA surety bond is a loan you receive to post bail. In the case of surety bond the contractor is a bail bondsman. The bail bondsman meets with you and agrees to post bail for you. The bail bondsman then contacts the surety … steven erickson chiropractor

The Bail Bond System and Rule of Law - American Bar Association

Webas security for bail bonds written in connection with a judicial proceeding and receives or is promised money or other things of value therefor. (8) "Surety" means: a. The insurance company, when a bail bond is executed by a bail agent on behalf of an insurance company. b. The professional bondsman, when a bail bond is executed by a WebBail is primarily a cash payment, or a bond given by a defendant to the court to guarantee their conditional release from custody. This financial guarantee promises that the defendant will return to all required scheduled judicial proceedings. If the defendant does not return to court, the court has the legal right to keep the cash payment or ... WebUnsecured bail bond means a bond that holds a defendant liable for a breach of the bond’s conditions. In an unsecured bail bond the defendant signs a contract and agrees to appear before the court. If s/he fails to do so, s/he promises to pay later the agreed bail bond amount before the court. steven eurich dds lafayette co