Bail Bonds Explained
In this video, you will learn about a bail bond agent. New court rulings are trying to stop the criminal justice system from holding people who can’t pay bail. Jail bonding is a different business today.
For years, bonding businesses have helped people get out of jail. Since voters passed the constitutional amendment changing the law against new Mexico, bail bonding companies are struggling. New Mexico used to generate 350 bonds per month. Now they have way less. Many bail bonds companies have gone out of business. Bondsmen are at the end of their days in New Mexico. Some people argue that bail bonds companies make their money off of people committing crimes. Defined, a bail bondsman, bail bond agent or bond dealer is any person, agency, or corporation that pledges money or property as bail for the appearance of a defendant in court. Many people are locked up in jail awaiting trial because they cannot afford bail. A lot of times, it is the impoverished people. Some people might wait in jail for years before they get out and their case is solved. This can be damaging to the person and their life outside of jail.