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The bail bond, which is a type of surety bond, is co-signed by a bail bond agent, who charges the defendant a fee in return for guaranteeing the payment. Article Sources.
Surety bond means a bail bond agent pays the money on your behalf. You pay a fee to the bond agent, and the agent pays the entire bail amount to the court.
According to a report by IBIS World, the revenue of bail bond services in the US has grown to $2.4 billion, at a CAGR of 4.3%, from 2018 to 2023. The industry faced a decline in overall revenue in ...
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Bail agents are typically hired for surety bonds, which are nonrefundable, while cash bonds are typically refundable. Under the county’s new schedule , surety bonds were removed, leaving only ...
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