Challenges to Professional Bail Bondsmen

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Day-to-day life as a bail bondsman in Los Angeles is tough enough. We deal with criminals and police officers every day. Sometimes we have to make difficult decisions about whether or not to grant bail to a potential client. And every day we put our lives at risk in a dangerous profession.

Now the country’s financial woes have added additional hurdles to our job. With less people able to afford bail, we are losing money and having to deal with more people using collateral. The bail bonds industry, like most in America, is facing turmoil.

Here are some of the biggest challenges facing our profession:

1) Overly-competitive bondsmen: An overabundance of bail business can cause agents to go to extreme lengths to get clients, including using illegal measures like cheaper bonds.

2) Pre-trial release: Government programs like this could potentially replace the bail bonds system, which is a growing concern.

3) Illegal bonds: Some bondsmen offer coupons or lower premiums, which is illegal. Bail in California is set at 10% of the total bond.

4) Getting enough work to cover expenses: Newly opened business or cities with a lot of bondsmen can be competitive to find clients.

5) Negative image: The bail bonds industry has faced its fair share of controversies, from greedy agents operating illegally and getting arrested to bail bonds companies releasing arrestees who immediately commit crimes.

6) Clients without collateral: Related to the poor economy, some clients do not have enough collateral to cover the entirety of the bond.

Changing the Bail Bonds Image

These issues are hard to overcome, but in the end, the best bail bonds businesses will survive. By operating within the confines of the law, 1-800-BAIL-BOND has become one of the top Los Angeles bail bonds business. Even though the industry has taken a hit to its image, most of our cases end with the arrested person being reunited with his/her family to begin working on their defense, which is what the whole purpose.

 

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