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Short Course on Businesses – Covering The Basics

The Highest Bonds Ever Set By the Judicial System

The roles of a bondsman revolve around criminals and the courtroom. Suspects usually have to appear in court and appeal for a bond, which is usually an amount that is paid to act as sign of assurance that they will keep appearing in court for the subsequent hearings until the sentence is pronounced. Each bond is set individually upon the judge examining the nature of the crime and the conditions appertaining to the case. The criminals, many a time, lack the money they are required to produce to be released.

It is here where the bondsman’s roles comes into play with the bondsman offering to extend a loan to the suspect such that they pay the bond on their behalf on condition that upon receipt of the amount from these authorizes they will give the bondsman a certain amount back to them. However, the bondsman needs to first receive an asset that they can hold on to as security for the loan before paying the bonds for them. The court holds the right not to refund the money in the event that the suspect does not appear in court. Since the bondsman has an interest in the bond, they have to ensure that the suspect appears in court which at times is a tall order. Bounty hunters are used to track these suspects down in a bid to get their cut from the loan the bondsman extended.

The bonds act as a lucrative source of the revenue for most government as most criminals or suspects will not mind parting with some money in exchange for their freedom before the sentences is made. There are website which now document info. on the bonds which were exceedingly high. The criteria used when setting the bond about can also be read in such websites. It also interesting to read about the stories about what transpired to cause some of the bonds amounts to be higher than others.

One suspect who was accused of murder was required to pay an amount of four billion which as at now is the highest amount ever demanded as a bond. Another judge upon learning of the amount set reduced it on grounds that it was against the constitution. Another criminal whose initial charge was murder was the accused of tampering with evidence and bond jumping severally was required to pay three billion as a bonds, an amount which the judge set in fury. the same cause happened with this suspect too, such that the amount was reduced upon appeal. A group that was accused of running a brothel was the one which had their bond as the third highest with the figures standing at one billion.