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A bail bondsman, bail bond agent or bond dealer is any person, agency or corporation that will act as a surety and pledge money or property as bail for the appearance of a defendant in court. Bail bond agents are almost exclusively found in the United States because the practice of bail bonding is illegal in most other countries.
In the third quarter of 2024, U.S. credit card balances rose by $24 billion, reaching the $1.17 trillion mark — the highest level recorded by the Fed in 20 years. Don't miss
Prices are as a percentage of the penal sum (the maximum that the surety is liable for) ranging from around 1% to 5%, with the most credit-worthy contracts paying the least. [19] The bond typically includes an indemnity agreement whereby the principal contractor or others agree to indemnify the surety if there is a loss. [19]
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Court costs, bail bond fees, and prison phone fees amounted to another $38 billion in costs annually. [9] Since reaching its peak level of imprisonment in 2009, the U.S. has averaged a rate of decarceration of 2.3% per year. [7] [10] This figure includes the anomalous 14.1% drop in 2020 in response to the COVID-19 pandemic. There is significant ...
A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of default.
The longest stay in space has been less than a year and a half, and astronauts predictably experience something like 1% bone loss in their hips every month.
One example of a large bail requirement was a case in Texas where New York real estate heir Robert Durst received a bail of $3 billion. The Durst's lawyer appealed the bail to the Texas Court of Appeals. The court responded that "it could not find a case where bail was set, let alone upheld, at even 1 percent of any of the amounts against the ...
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