The first disadvantage is obviously the interest that has to be paid once the use of the bail bond has been secured. The interest charges vary from company to company. The user of a bail bondsman needs to be aware of this fact when signing the contract. Some bail bonds like immigration bonds or federal bonds can be quite expensive and will increase the interest rate.

Checking the varying interest rates as well as other services offered by the bail bondsman is a process that requires time. When the time is spent through such pursuits the longer the arrested person or accused person stays behind the bars.

The privacy of the individual is also compromised. The relationship between an accused or arrested person and the bail bondsman becomes one of a trust. Since this is also an investment and a possibly flighty one at that, the individual or company giving the bail bond has to really be sure that such a person does not leave town. Some of the people given the bond are tracked at all times, thereby effecting privacy of the individual.

In the case of public bail due to a delay on the system, the law-abiding taxpayer steps in to pay the bail bond unlike in private bonds in which the accused or the arrested person foots the bail by themselves. It is rather unfair to have law-abiding citizens shouldering the weight of the wrong doer, especially in instances where the guilt is obvious.

A disadvantage on the part of the bail bondsman is having to ensure that the accused does not jump bail and evade arrest. If they accused or arrested person becomes a fugitive then it is up to the bail bondsmen to track such individuals and ensuring that they are arrested and taken back to the court to answer for their role in a certain criminal act.

In some instances a lot of time and financial resources will be sent looking for individuals who have jumped bail as such persons will normally travel vast distances and camouflage themselves veryly. Chasing such people becomes imperative because the company will otherwise lose its money.

The threat of losing a business is always hanging on the neck of a bondsman, they there before little or no room for error when it comes to deciding who to issue to and how much to issue, how much interest to charge and how much deposit to be paid for a particular individual.

Bail bonds can be both; a curse or a blessing hanging on which end the individual is as well as a great business opportunity.

Source by Max K



Call Now ButtonCall Now