Bail-Florida News » bail bond collateral http://bail-florida.com/bail-blog Get Out Now, Call 1-877-422-4599 Mon, 29 Mar 2010 18:26:05 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 What the Bad Economy Means for Bail Bonds http://bail-florida.com/bail-blog/2009/03/20/what-the-bad-economy-means-for-bail-bonds/ http://bail-florida.com/bail-blog/2009/03/20/what-the-bad-economy-means-for-bail-bonds/#comments Fri, 20 Mar 2009 12:51:49 +0000 ryrock http://bail-florida.com/bail-blog/?p=25 In this rough economy, all industries of business are suffering; even Bail Bondsman. Generally when post bail for a friend or family member, collateral is required. However in the current economic state that we are in, many people are coming up short with cash and assets to post bail bonds. Many people have resulted to pawning their power tools, jewelry, even their 401K’s to get a loved one out of jail. “They’re just frustrated in general trying to pay for bonds, legal fees and attorneys and housing. It’s just hard for everyone right now,” said the manager of Hometown Bail Bonds Jackie Hamilton.

Because of this turn down in available cash and assets, more defendants are having to stay in jail causing much overcrowding. In fact, many defendants are going to their arraignment and pleading guilty just to get it over with even when pleading guilty may not be in their best interests.

So what to do about getting someone out of jail when your at your wits end? Talk to your bail bondsman. If one is not working out, another may have different options for you. Have them discuss all possible options and let the bail bonds company work through it.   Read the full story
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