Good. They make 10% if every body shows up for court. Unfortunately some guys try to jump bail land skip out. That's where dog the bounty hunter comes into the picture.
In bail bonding, the principle is the defendant for whom the bail is posted.
Bail bonding occurs when a bail bond agent pledges money as bail for an individual who is accused of a crime. While this is a common practice in the United States, it does not occur in most other countries.
Business is very lucrative
Commercial bail refers to those instances when the bail bond is posted by a bail bondsman. Commercial bail is often referred to as surety bail bonds. When commercial bail is used, the bonding company is an insurer against the defendant failing to appear in court. The insuring bonding company's premium for is a percentage of the total bond amount (usually 10%).
Surety bail system
lucrative: profitable He owns a very lucrative business. rdg
With the economy in a down-turn, many are looking for a new business venture that will survive the recession. One industry that will never go out of business is corrections and criminal justice. But short of becoming a police officer or a judge, how can one break into this business and make money? One possibility is to open a bail bonds business. A bail bondsman is a person who will put up money (bail) for a defendant in a legal case and guarantee that they will be back in court for the trial. Sound interesting? Here are a few tips to get started in this potentially lucrative business:1) Understand the Legality: It is a little known fact that bail bonding is not legal in all states and it has strict regulations where it is. Check specific state laws before going any further in the business start-up process.2) Licensing: Most states require both a bonding license and a business license. These are two separate types of licenses that must be acquired in the right order. If the application for a business license is put in before the bonding license is granted, the business license will most likely be turned down. Getting proper legal help will usually prevent any issues in the licensing process.3) The Fugitives: Being a bail bondsman will mean dealing with the clients who choose to run. Because of this obvious hazard associated with the bail bonding business, at times it may be necessary to use the services of a bounty hunter. While this is expensive, it’s better than losing the entire bail on someone who chose not to show up to court.4) Marketing: There is a reason that so many bail bond offices are located near jails- that is there primary target audience. Being known around that community is the best way to get the business out there. Also, contact the local police station and get on their directory of bail bond offices- this will drum up a lot of business.Once you’ve got your license and you’re ready to go, find your location and get ready to start your new business. Good luck!
My new business has been very lucrative.
lucrative: profitable He owns a very lucrative business. rdg
David Maus has a very lucrative business.
It is difficult for anyone to make a lucrative home based business.
To bail is to discard water to keep a boat from sinking. Similarly, to bail out someone or a business is generally to keep them from financial ruin. One can partially bail out someone, as to assist them from financial ruin.