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.
Surety Bonds. A surety bond is a contract among three parties; the defendant, the court, and the bail agent. A bail bond is a type of surety bond used to secure the release from custody of a person charged with a criminal offense.The defendant or indemnitor will pay a premium in exchange for the bail bonding companyâs financial strength to extend surety credit.s the bond indemnitor, you are responsible to the court and to the bail agent for the defendantâs adherence to the contract agreement and conditions. Bond indemnitors are often family members or friends of the defendant.