A jail bond is a type of bail bond explicitly used for defendants in jail. A bail bondsman typically provides a bail bond and pays the bail amount on the defendant’s behalf in exchange for a non-refundable fee (usually around 10% of the bail amount).
The purpose of a jail bond is to allow defendants who cannot afford to pay their full bail amount to be released from jail while they await their trial. By working with a bail bondsman, defendants can secure their release for a fraction of the cost of their total bail amount.
While a jail bond can be an effective option for defendants who cannot afford to pay their full bail amount, it is not without risk. If the defendant fails to attend all required court hearings, the bail bondsman may take possession of any collateral put up as a guarantee, such as property or assets.
A jail bond can be a valuable tool for defendants who are being held in jail and cannot afford to pay their full bail amount. By working with a bail bondsman, defendants can secure their release and prepare for trial outside of jail.