Bail is the security required for the release of a person from jail. Bond is a legal binding obligation assumed by 1st and 10 Bail Bonding Company. The purpose of a Bail bond is to help assure the appearance of a defendant in court. The consequences of a bail bond which are the result a defendant’s failure to appear in court are: the “forfeiture of the bail that was posted. An order for arrest for the defendant usually with an increase of at least twice the amount of the previous bail.