Heavy metals are among the most common pollutants found in the environment. Health problems due to the heavy metal pollution become a major concern throughout the world, and therefore, various treatment technologies such as reverse osmosis, ion exchange, solvent extraction, chemical precipitation, and adsorption are adopted to reduce or eliminate their concentration in the environment. Biosorption is a cost-effective and environmental friendly technique, and it can be used for detoxification of heavy metals in industrial effluents as an alternative treatment technology. Biosorption characteristics of various bacterial species are reviewed here with respect to the results reported so far. The role of physical, chemical, and biological modification of bacterial cells for heavy metal removal is presented. The paper evaluates the different kinetic, equilibrium, and thermodynamic models used in bacterial sorption of heavy metals. Biomass characterization and sorption mechanisms as well as elution of metal ions and regeneration of biomass are also discussed.