A CLOSE LOOK AT THE BAIL BONDS BUSINESS MODEL Bail bonds are not always easy to meet. It is one thing to get the court to sign that a person facing criminal charges should be set free if he or she satisfies a bail bond and another thing to actually satisfy it. As a result of this difficulty, the bail bond business came into practice. Just like every other business, it emerged out of a demand, which is the springboard of all businesses. In El Paso, Tx., for instance, you can only practice as a bail bondsman if you have attained the age of 18; served under a bail bondsman for a minimum of one year; be a state resident; and of course, a U.S. citizen.
The friend or family member can get in touch with bail bondsmen. Bail bondsmen contract along with the court to cover the full quantity of the bail in case the defendant will not show up for hearing. Alternatively, the bail bondsmen may employ means to track down defendants that skip bail. Regardless, the bail bondsmen or perhaps a bail agent will shoulder the cost of bail set by the court. In return, bondsmen need a fee coming from the person posting bail for the accused.
Over the years budget crises have forced many states to re-examine budgets, starting with the cost of maintaining their prison and jail systems. The United States has the largest prison population with about two million prisoners. To try and make a plan for the large population and some budget cuts, politicians want to change some of the parole policies and are trying to get some of the criminal laws revised for some drug offenders and white collar criminals. Due to the fact that the politicians are undecided the have put work release programs and strict parole release into effect. Prison is a place for people who break the law should be detained, but if the prisoner has twelve months or less until their release date, and show that they have been
What began as a simple traffic ticket can end up costing you thousands. According to the Tex. Penal Code §38.10, the punishment for "failure to appear" is a fine not to exceed $500.00. Considerably expensive when you consider what most traffic tickets begin at. Here are some of the next steps you should take for different situations involving "failure to appear."
A bond is a kind of written promise that the full bail amount will be paid in the event that the suspect fails to appear in court as agreed. The bail bond is usually acquired through a bail bonds agency. The bail bond agency usually charges a fee in exchange for posting the bail bond. The agency will even demand some form of collateral since they are responsible if the suspect fails to appear in
Here’s how they work, if the accused doesn’t currently have the money he is supposed to pay as bail they may opt to seek the services of a bond company. After filling out the necessary paperwork, the company will pay the full bail amount on behalf of the individual and
If possible the criminal can choose to pay that full amount in cash directly to the jail authorities or the court and immediately be released from custody. But most people do not have that kind of amount of money. The bond amount varies depending on the type of crime committed but it is normally too high for the person to afford. If possible the second option the criminal has is to use a property of his or hers like a house or any other lot. The third option is to initiate the bail bonds process by
In bailment, the deliverer of the asset is the bailor, the receiver is the bailee” (Investopia). In the bailor-bailee relationship, both parties hold some specific rights and liabilities. For bailors, there are some duties and liabilities such as repayment of expenses (a duty to pay for all expenses the bailee spends for the purpose of the bailment), disclosing of defects
A person who is in pre-trial detention is and should be considered innocent until proven guilty. Some people who are in low-income families do not have the proper lawyer to guide them and will not be given a fair trial, which would congest prisons even more. Finally, with the prisons being so congested, we have to pay taxes for every inmate. The average American tax payer will spend around $20,000 to $30,000 dollars a year, that is equivalent or more than some people 's yearly income. What are we going to do about this?
The government should not have to spend more than $50,000 a year to keep people in prison. In 2013, almost 700,000 people were arrested for marijuana possession. The cost of putting drug users in prison does not outweigh the benefits. Some individuals are also convicted of non-violent crimes. Lying to a federal official is considered a felon which can result in imprisonment.
Federal deficits is when the government borrows from the public. It is money being spend than what is coming in. For Example, paying your light bill on your credit card monthly. Your monthly income is 1000 but your bill is 1250 monthly. You have to borrow cash like using your credit card to make the different.