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.
Thanks to the influence of the bail bond industryâmostly subsidiaries of major insurance companiesâbail amounts have surged, generating huge profits for the industry. In 1994, 24 percent of defendants were released on a commercial bail bond. By 2004, that number was 42 percent.