Bail Bonds are those companies that come to the rescue when a certain accused person gets into trouble with the police and needs to get out of jail. There is a certain sum of money that needs to be deposited to get free of having to spend time in jail. This sum depends upon the degree of crime committed. In some cases, the accused might not even be allowed a bail if the crime committed is too high profile and involves clear implications of foul play. In most cases, however, crimes tend to be minor and the right bail bond companies can bail these people out.
Now, the need for bail bonds are basically felt when a person is in trouble with the police and needs to get out of jail. However, not everyone is equipped with the sum that is usually required to bail themselves out of police custody, seeing that the bail money may extend from just ten thousand to a hundred thousand or even more. This is where bail bonds come in handy. The main function of bail bonds is that they pay off the bail in order to get the accused out of the custody of the police. In this, they take only a small percentage of the actual sum that needs to be paid, mostly ten percent of the original sum. This is the non refundable fee that the company takes as a compensation for the help they are providing during the dire time of the defendant.
Once the bail bond company has successfully bailed the person out of the custody of the police, they become the responsibility of these bail bond companies. Seeing that this involves a lot of money, it is necessary that the defendant shows up in all the court dates as set by the authorities in order to get the necessary reprimands from the court. Once all the court dates have been attended to, the bail money is returned to the bail bond company, which in return frees the defendant from the association of the bail bond company.
However, the jobs of the bail bond companies tend to get highly dicey depending on the kind of people they have to deal with. There are people who take on the entire tiresome process dutifully but then there are certain people, mostly guilty, who tend to try to skip town or make a run for it to avoid the necessary punishments. It is actions like this that might cause bail bond companies to lose a lot of money since they made an investment on the wrong person. One cannot expect the bail bond companies to sit tight and not to do anything about it. In such cases, these bail bond companies hire bounty hunters that are trained to track down these criminals by hook or by crook to make sure that they attend the court dates and if not, pay back the sum to the company.