Missouri Bondsman sponsored a poll, asking website visitors to answer the following poll question:
Would you favor legislation to increase the assigned CD requirement to $25,000 for general agents plus $5,000 per bail bond agent?
The poll results are as follows:
101 website visitors registered a response.
26 (25%) answered: Yes, I am licensed by the DIFP, and I support an increase to $25,000, plus $5,000 per agent.
59 (58%) answered: No, I am licensed by the DIFP, and I do not support the CD increase to $25,000 and $5,000 per agent
7 (6%) responded: I am not licensed, but I would support this proposal.
9 (8%) responded: I am not licensed, but I would not support this proposal.
Overall, the visitor’s responded against the proposal at a rate of 2:1.
For feedback on the poll, visit my original post New Website Poll .
Have a new idea for a website poll, email me, or to comment on the poll results, click "comment here."
Sunday, February 1, 2009
5 comments:
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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this should be a go. weed out the trash bondsman that ruin the reputation. also would get rid of the weekend warriors
ReplyDeleteGreat comment. How will giving the state more money weed out the (trash bondsman)?? Some people just do not use thier head for other things than just a hat rack. If you want to weed out the so called trash. Here are a few things you might try.
ReplyDelete1. Enforce the laws already on the books.
2. Enforce an ethics and professionalism policy.
3. Enforce a normal recognized rate to keep bondsman from over charging and undercharging for thier services.
4. Stop all financing of bonds. If the Judges wanted the criminals out of jail at a reduced rate, they would have set lower bond amounts.
5. Hire only agents who have assets enough to actually cover thier half of any forfieture. To many cowboys who don't even have two nickles to rub together writing bonds for Generals who don't care.
6. Have all Counties go back to the way that Greene County does it, and have each General turn in a monthly qualification packet to show the Judges that they can actually cover the bonds written.
Giving more money to the State does not guarantee anything for anybody. If every General puts up 25k and every agent puts up 5k, how much of that money will the state actually use to pay forfietures and how much interest money will they make on the un-used portion. And, who gets it???????????
In the meantime, will putting up that money actually put any so called trash bondsman out of business??? I doubt it. (use your head)
We have to many bondsman in this business. This last comment is probably from someone who writes 2 bonds a month and can't pay the $5,000 fee. I don't really care about the states money and what they do with it. My comment about the trash bondsman is about the bondsman that will do $50,000 bond with $300 down because they can't make it in the industry. Our company spends alot of money on phone adds rend etc... I would like to see the phonys out of this buisness. I agree with your logic on enforcing the laws but I bet you finace bonds all the time to keep up with the competion. Until the department of insurance enforces the law on 10% and checks any records at all we will be fighting with bondsmans trying to make a quick buck.There for charging 25,000 or 5,000 will get the guys out of here quicker. They are going to fail anyways speed up the process and get this industy rolling again instead of dying.
ReplyDeleteSpeaking for myself. I'm someone who doesn't like Government in my business. That being said there's a time and place for it and now's the time.
ReplyDeleteHere we have people who are running around the courts and cities with Shirts that Read BAIL ENFORCEMENT because they write one bond a month.
In most cases they lack experience and the mentorship of a General or Supervising Agents who care about them, and the community and the legal system at large.
Yes there's money to be had, but there's too many hacks with their hands in the jar and they are dangerous.
Not only do they cut into the profits of true agencies, they go out and cause mayhem when they do their recoveries.
I'm being honest when I say I'd be happy to see most of you go. You are a danger, you are a menace and you are a joke.
If this made you angry, then I was talking to you.
amen to what eric said.
ReplyDelete