Bail Bonds is an industry that provides financial services to individuals who have been arrested and are unable to afford bail. Bail is a sum of money that is paid to the court as a guarantee that the defendant will appear in court for their trial. Bail bond companies provide a way for defendants to pay a percentage of the bail amount, typically 10%, in exchange for the company posting the full bail amount with the court. This allows defendants to be released from jail while awaiting trial. Bail bond companies are typically licensed by the state in which they operate and are regulated by state laws. They are required to follow strict guidelines and procedures when providing their services. Bail bond companies may also work with bounty hunters to locate and apprehend defendants who fail to appear in court.