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Friday, July 13, 2007

Editorial on Cash to the Court Bonds

Here’s a pretty informative and funny editorial on ten percent cash bonds. The editorialist lists the enormity of FTAs and a proven solution.

Here's a quote from the article: "So state bondsmen are hoping to do away with the 10-percent rule -- or at least have it employed more sparingly. Studies have shown that if judges require surety bonds -- meaning someone puts up, say, Mom's house as collateral -- they're 28 percent more likely to show up for court."

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Although Missouri Bondsman encourages debate on topics of interest to the bail industry, please be aware that comments are moderated. Please observe the posting rules. No comments will be printed that contain spam, profanity, or libelous comments. Please post comments in a civil, professional manner.

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