Bill Cianciola Bail Agency, LTD

A bondsman is defined as a person who posts a bond for an amount set forth by the court system. Afterwards, a fee is charged to the client for the bond posted, which is called a premium. All bail bonds work on collateral: the higher the face amount of the bond, the more collateral is needed. Common collateral used are properties, bank accounts, stocks, and bonds. On smaller amounts, full-time employment can be used. Cash bail is different from a bail bond because of just that; using cash is cash. The biggest misconception about bail bonds is that people think they will get back the premium that they give to the bondsman and they don't.