ArticleBiz.com :: Free article content
Authors: Maximum article exposure. Publishers: Reprintable article content.
BROWSE ARTICLES
ArticleBiz.com Home
Featured Articles
Recently Added Articles
Most Viewed Articles
Article Comments
Advanced Article Search
AUTHORS
Submit Article
Check Article Status
Author TOS
PUBLISHERS
RSS Article Feeds
Terms of Service

Find a Reliable Bail Bonds Company
Home Business Legal
By: Jonathan Scarborough Email Article
Word Count: 526 Digg it | Del.icio.us it | Google it | StumbleUpon it

  

Find a Reliable Bail Bond Company

The bail bonds industry is a lot like any other industry currently available to the public in the sense that not all businesses or companies operate in an honest manner. How do you know if the services you are offered are feasibly legitimate or if you may be getting swindled by someone offering to help you?

Although the bail bond industry is heavily regulated there are a select few companies out there that do not conduct business in an ethical fashion. When selecting a bondsman it is also beneficial to look into the background of the company as well as meeting face to face with their bonds agent before agreeing to any arrangements. A number of bonds companies have come under scrutiny in the past years for malpractice. Most of these cases involved misconduct with the fugitive recovery agents or bounty hunters attempting to detain a jumper. In some cases criminal charges have been filed and pursued against bounty hunters for illegal detainment procedures.

The first thing to remember when selecting a bondsman is that if it sounds "too good to be true" it probably is. If a bondsman is offering you "no money down" or "zero down" loan you should strongly consider going somewhere else. The fee amount required for the bond is set by the state’s Department of Insurance in which the agency is operating in and should be consistent across all bonds companies within the state. Once this payment is received the agent will have to pay their financing company a large portion of the state designated fee (10% in California). This is one way a customer can spot an "unethical" bonds agent. How can this business stand to profit if they are providing a loan with no money down when their surety company needs to be paid?

Typically a agency will require the co-signer to put up a "mortgage" or security interest in physical property to secure the loan amount in the event that the bailee skips the court date assigned to them. When selecting a "no money down" bondsman the practice is common that these agencies will use the collateral mortgage over the co-signers’ head in order to secure the ten percent bond premiums. These types of agencies tend to use collection methods and etiquette that is not practiced by the majority of bonds agencies. Although this is not always the case, typically a company offering a "zero down" bond have a motivation behind this sales pitch which tends to benefit the agency over the customer.

Although the bail bond industry is one which is driven by urgency in the customer’s needs, a customer seeking a reliable bailer should take some time to ensure the choice they have selected is serving the best interests of the client. All bail bonds companies are required to charge the same amounts based off the state laws so it is truly the quality of service that distinguishes a legitimate bond company.

Bail Bonds Guys is a Los Angeles Bail Bonds company dedicated to providing the best information on the bail bonds industry.

Article Source:
http://www.articlebiz.com/article/1051540485-1-find-a-reliable-bail-bonds-company/

This article has been viewed 574 times.

Rate Article
Rating: 0 / 5 stars - 0 vote(s).

Article Comments
There are no comments for this article.

Leave A Reply
 Your Name
 Your Email Address [will not be published]
 Your Website [optional]
 What is one + nine? [tell us you're human]
Notify me of followup comments via email


Related Articles


Copyright © 2019 by ArticleBiz.com. All rights reserved.

Terms of Service | Privacy Policy | Contact Us | Submit Article | Editorial