. Should I Invest in Bail Bonds? | LAW Professor.com - Your Self Help Guide For Legal Advice - Hostgator Coupons 2015: Hostgator offers 2015 :- Now hostagtor hosting offers and get plans 2015 Hostgator Coupon 2015 . Now Hostgator Plan to provide coupons on 2015.

LawProfessor.com Exclusive Article

Should I Invest in Bail Bonds?

More Options:

Print This Article Print This Article
Email This Article Email This Article


Post this Article to facebook Add this Article to del.icio.us! Digg this Article furl this Article Add this Article to Reddit Add this Article to Technorati Add this Article to Newsvine Add this Article to Windows Live Add this Article to Yahoo Add this Article to StumbleUpon Add this Article to BlinkLists Add this Article to Spurl Add this Article to Google Add this Article to Ask Add this Article to Squidoo
LawProfessor.com Exclusive

Bail bonds can be seen as a form of investment. However, unlike other investment options, although the rewards are great, the risks are even great. Before you put your money into a bail bond, make sure that you understand your responsibilities regarding that investment.

When someone is arrested, they have an initial hearing to ensure that there really is enough cause for the arrest. There may be other preliminary hearings as well. While awaiting trial, the accused must wait in jail. However, because of the unfortunate high number of criminal cases in the United States, it might be weeks or even months before the trail takes place. That means that an innocent man or women may wait in jail, missing work, losing touch with children, and otherwise having his or her life fall apart. The bail system is set in place to allow freedom for those not yet proven guilty.

The problem with allowing defendants to go free is that it gives them the opportunity to run. Of course, rarely will anyone who is innocent miss a court dates. However, someone who is guilty may run. That’s where bail comes into play. Bail is money that the accused give to the court that he or she will only get back. Sometimes, the accused is able to pay for the bail him- or herself, but depending on the crime, the likelihood that the defendant will run, and so forth, the bail may be quite high. That’s where a bail bond investor comes into play.

Sometimes the bail bondsman knows the defendant. Sometimes he or she does not. In any case, the bail bondsman is willing to put his or her money on the line for the accused. Why? Well, the bondsman can then charge a fee, usually 10%. So, if you put up $100,000 for bail, the accused will pay in $10,000 and, when he or she shows up for court, that $10,000 will be returned to you. That’s a pretty big payoff for just a few months of investing your money.

The danger here, of course, is that the accused will jump bail. That means that he or she does not show up at court dates or report in with his or her parole officer. You have two options – find the person or pay in the full bail amount. You can try to find the person using a bounty hunter, but this doesn’t always work. You may be stuck with the huge bail bill if the accused skips town, and in any case, you’ll have to pay the bounty hunter if he or she is caught, meaning that you’ll make little profit, if any at all.

Investing in bail bonds makes the most sense when you know the accused and trust that he or she will show up in court. You can work out a deal in order to pay for his or her bail so that you make a bit of profit. However, also beware. If you pay for the bail, it is never a guarantee that you will get your money back. Before you invest in this risky venture, make sure that you understand you responsibilities and are prepared to deal with the outcomes, whatever they may be.

More Special offers:
Student Loans | Legal Forms | Student Credit Cards | Low Interest Credit Cards
Most Recent Article Additions to LawProfessor.com:

Legal Disclaimer: The information contained in this Web site LawProfessor.com is provided as a service, and does not constitute legal advice or establish an attorney client relationship. LawProfessor.com makes no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this web site feature and its associated sites. Nothing provided herein should be used as a substitute for the advice of your own counsel.
Privacy Policy | Impulse Tickets.com | LetsGetCredit.com
Copyright © 2007-2011 Lawprofessor.com a subsidiary of Boxing Inisder LLC. All rights Reserved