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 Post Posted: Sat 05 Nov 2005 09:55 
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Joined: Thu 25 Dec 2003 14:26
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Location: Tracy, California
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Just take a cursory look at this thread and try to tell me that this isn't one interesting business!

Big bonds, guns, body armor, murder, shopping.....

Wow!

Posting bonds under 50K is a relatively simple process depending on a multitude of factors such as charges, roots in the community, and collateral around here is a toss up; however, once bonds go over 50K, the underwriting gets a bit tighter.

Bonds over 100K may take a few days to put together, but, every once in a great while, a co-signer shows up with banking statements, tax records, address book, proof of employment, deed(s), property profile(s), and full premium. Even then, one has to look at all who are involved and make the call whether or not to do the bond.

The problem with skips comes when bonds are not properly underwritten, and, if a one pushes for doing it right, would-be co-signers can always call another agent who will roll the dice; hence, the gamblers make up the client lists.

Like I said, what an interesting business.

Rex


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 Post Posted: Sun 06 Nov 2005 10:48 
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Rex, what makes it really interesting here is that we are self sureties. If she skips the company would probably go out of business.


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 Post Posted: Mon 07 Nov 2005 14:39 
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A 500K bond gone bad would put most out of business irrespective of whether or not one writes for a surety or is a real-deal 'bondsman'.

I recall staring at the ceiling--when I should have been catching REMs--when an 80K jumped on me. I didn't get back to normal until closing that case 2-weeks later.

Eeeeesh!

Rex


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 Post Posted: Sun 13 Nov 2005 00:30 
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Not to mention her living with the attorney take the whole attoreny client privledge to another level..lol Hmmm.

_________________
Eric Kindley
Court Services Inc
"What can the bear do for you?"


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