A bail bondsman, also known as a bond agent, is an individual or a corporation that posts money or property as bail to ensure a convicted defendant’s appearance in court. Bail bond brokers typically charge a fee equal to 10% of the defendant’s bail. If the defendant fails to appear in court, the bail bondsman has the legal authority to hire a bounty hunter to track down the defendant. Adding to the bondsman’s oath can also compel the defendant to return to the court’s jurisdiction. The bond agent can also sue the defendant to recoup any costs incurred as a result of the defendant’s failure to appear. You can learn more at Connecticut Bail Bonds Group
Working as a bail bondsman was once thought to be a family enterprise, but it has since evolved into a more mainstream career than ever before. Indeed, the bail bond industry has become the next hottest home based market, thanks to increased media exposure from movies, television shows, and books. Many people have made a career as a bail bondsman because of the lucrative career development and incentives in the bail bond industry. Today, it is a very satisfying career area that allows for a lot of versatility and free time to pursue your passions.
The salary of a bail bondsman varies depending on the geographic area and the level of responsibility an individual has for the business. There are some highly effective bail bond agents who earn a good living. A bail bond agent pay ranges from $10 to $15 per hour for those who are new to the industry. You should expect a salary of up to $50,000 per year as you gain more experience and learn the fundamentals of this sector. Salary for bail bondsmen may be as high as $150,000 a year. However, as the owner/operator of your own bail bond business, you can potentially expect to make hundreds of thousands of dollars a year. In reality, several large corporations now pay commissions.