A lot of people think of bail bonds as something that is fairly modern. However, the history of bail bonds goes back a lot further than most people think. Bonds can be traced all the way back to the 13th century. For as long as bonds have existed, there have also been bondsmen.
What Are Bail Bonds?
Bail bonds are an option for people that can’t cover the cost of bail on their own. If you want to post bail for someone, but don’t have the cash on hand, you can get a bondsman to provide the bail for you.
Naturally, bondsmen aren’t going to post bail out of the kindness of their own hearts. They will post bail in exchange for a small fee. In most states, that fee will be a small percentage of the bail that the court is asking for.
How Bail Bonds Have Changed
Bail bonds have existed in the United States since the country was founded. However, the rules and regulations regarding bail bonds have changed in a number of ways.
States have the freedom to set their own rules and restrictions for bail bonds. Because of this, the laws for bonding aren’t the same across the country. If you’re interested in obtaining a bail bond, it’s a smart idea to look into the laws in your own state. If you read up on local laws, you’ll have a better idea of what to expect.
Why Does Bail Bonding Exist?
Bail bonds benefit two parties: the bondsman and the person obtaining the bond. The bondsman is able to turn a profit by collecting bonding fees. The person that obtains the bond is able to post bail even if they don’t have the cash that they need.
When jails and courts began to ask for bail, many people simply couldn’t provide the funds that were requested. Wealthy entrepreneurs realized that they could request a fee if they covered the cost of bail. Since then, the concept of bail bonds has grown and evolved to become what it is today.
The Future Of The Bondsman
While laws regarding bail bonds may change, it’s clear that bail bonding isn’t going anywhere. People obtain bail bonds every single day and its amazing how bail amounts are calculated so that the serious offenders aren’t immediately released and non-violent inmates an go about their lives. A lot of people would never be able to afford to post bail without the help of bail bondsmen.
In the United States, any changes regarding bail bonds are going to happen at the state level. If you’re not satisfied with the laws in your state, you may want to write to your representative and request that those laws be changed. You may get the change that you’re looking for!
If you’re thinking about posting bail for someone, you should look into the history of bail bonds. Bail bonds have been around for a very long time. Bail bondsmen are fulfilling an important need. If you can’t cover the cost of bail, you should definitely look into working with a bonding agency.