In January 2016 I joined Forbesâ Entrepreneurs team, after spending the previous six years writing for the Leadership channel. Iâm most interested in dramatic success stories that include a colorful, rocky road, where the business founder learns lessons as she navigates the terrain.
If you or a loved one is ever accused of a crime, the bail bond system can help protect your rights. Bail is an integral component in the justice system of the United States. The bail bond serves as a protection for a personâs rights. It also helps reduce overcrowding in detention centers and cost of inmate housing. These people, who have not yet been proven guilty, can remain free until a verdict is reached by the jury and the court comes up with a sentence.
A bail bond, sometimes known as a surety bond, by definition is a formal, legally enforceable contract between a first party (the principal or obligor), a second party (the customer or obligee), and a third party (the surety, such as a bank, bonding company, or insurance company) whereby the surety guarantees payment of a specified maximum sum, or ...