What is a bail bond agent?

Bail is a dollar amount set by the court to be paid by the defendant to ensure they show up for their next court appearance. In the event that they can't pay, Bail Bond Agents loan the defendent the bail money in exchange for a flat fee or a percentage of the bail amount. They are required to be licensed and are sponsored by a surety corporation. Bail Bond Agents typically submit monthly or annual financial reports to their licensing agency. A thorough understanding of law and the bond process, basic knowledge of finance, and excellent communication skills are vital to this profession.