Case Study: My Experience With Funds

Case Study: My Experience With Funds

Information Regarding Bondsmen, Bounty Hunters and Bonds

When the subject of discussion is about court rooms, becomes hard not to mention bonds and bondsmen. 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. The judge is the one with the mandate of assessing how severe the case is and then setting such an amount that is correspondent to the amount. The criminals, many a time, lack the money they are required to produce to be released.

The bondsman role comes in handy here as they provide the suspects with the money required in bond only after an agreement that the suspect will pay the a certain amount once the bond is given back. 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. This means that the bonds man is among the people who are interested in the suspects appearance in court as it will have a direct implication on them. 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. Anyone can now! read more about the most outstanding amounts paid in form of bonds from websites accessible online. It is in such websites where interest parties can read more on factors that are in play when the amount of bond is set. It also interesting to read about the stories about what transpired to cause some of the bonds amounts to be higher than others.

The highest bond ever recorded was one of an amount of four billion for a murder crime. However, upon review, another judge lessened the about saying that was unconstitutional. The next highest bond involved a tampering with evidence as well as evading bonds twice which led to yet another equally high bond of three billion. 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.

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