Dirty Tricks of the Bail Bond Industry – NYC Independent Press


The bail cash, or bond option is an alternative alternatives to jail. The following terms are used for the bond option:

A bail bondsman: Bail bondsmen are referred to as bail bond dealers, or agents. A bail bondsman can be a person, business or agency who pledges assets or funds for the defendant.
The interest rate charged for bail bonds the interest rate that an individual, company, or organization receives once the defendant pays the amount it has pledged. For a lot of bondsmen and agencies they charge at 10%. It is possible that the rate will change in immigration bonds at 20% or federal bonds, at 15%..
Bail bond resources: These are the sources accessible by searching for bail bonds.

Prior to considering bail bonds, it’s important to know how they work. Another option outside of jail is your own acknowledgement.

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