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WHAT IS A "BAIL BOND" ?

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  • WHAT IS A "BAIL BOND" ?

    QUESTION : WHAT IS A BAIL BOND?

    ANSWER: A bail bond is a form of payment essentially a form of collateral that is presented to the courts in return for the release of an arrested person (defendant), the court demands/requires a certain amount of money and in exchange they will release the defendant. Usually the defendant’s friend or family (indemnitor) pays 10% of the bond to a bail bond company the other option is to pay the court directly the FULL amount required.

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