Through sureties, a bail bond service helps people in custody make bail and secure their freedom as they await trial. It is a win-win service where the defendant gets to stay home and continue being a productive member of society before their case is heard in court. On the other hand, bail service providers, whether individuals or private companies, get to smile at the bank as they serve to benefit financially from this transaction, in one way or the other.
A bail bond service is handy for those who have difficulties accessing their assets while in custody. It also helps people who can’t make bail when the judge sets it too high. Though there are a few exceptions where the court can’t grant bail, a guarantor offers a way out of jail for low-flight risk people, first-time offenders, and those accused of minor crimes. Their services are beneficial since everyone is presumed innocent until proven guilty. To minimize the possibility of absconding, judges usually give additional conditions, such as surrendering passports, when setting bail. Due to the high financial risks of bond sureties, guarantors also go to great lengths to ensure that their client honors their court dates.