Showing posts with label bail bonds. Show all posts
Showing posts with label bail bonds. Show all posts

Friday, September 16, 2011

Mother used house she doesn't own as bond collateral for fugitive son


The mother of fugitive cop David Britto used her home as collateral to get her son out of jail. Now it seems there is a problem: She didn't own the house.

The mix-up appears to be yet another misstep in the dramatic saga of the Boynton Beach police officer who bolted for Brazil late last month rather than stand trial on charges of trafficking methamphetamines.
 
 
 

Wednesday, August 24, 2011

Suspects bonding out of jail for less, affecting public safety

August 23, 2011 by Collateral Staff
Posted in: Bail Buzz

CHATTANOOGA, TN — Local judges note that bonding companies in Chattanooga are accepting low payments to get defendants out of jail, which could affect public safety. Bondsmen state that the current economic climate is putting pressure on them to accept, in some cases, 3% of a bond amount.

Some experts believe that the trend – while not against any laws – could result in higher bonds set by judges. The state bonding association believes that there is a saturation in the market, meaning more competition for bondsmen.

The association has considered increasing the requirements for new bondsmen, increasing fees, or even limiting the number of bail businesses allowed to open. | Read More