The Bail Bonds Industry Should Learn From The Banking Industry

Many in the bail bonds industry are happy to start a new year after a difficult 2010. The average bail bondsman faced pressure from things such as a harsh economic climate, increased regulatory scrutiny and unpopular pretrial release programs.

The issues are only compounded when the public and regulators read stories that portray bail bonds in a negative light. In 2010, there were quite a few. Last year headlines included everything from bondsmen changing bail bonds records at the courthouse to multiple instances of bail agents being arrested for improper solicitation. In one of the more shocking stories, a federal judge was removed from the bench by the U.S. Senate because he allegedly increased bail amounts to help a bail bondsman. In return the judge accepted trips, gifts and meals from the bondsman. This past year has given the industry some tough PR challenges to say the least.

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New Year's Eve, Big For The Bail Bond Business

Unfortunately many kick off their new year in trouble. Last night was no exception. And while some raked in the new year in jail, workers at Lederman Bail Bonds raked in the business.

For many Siouxlanders New Year's Eve just isn't complete without a little bubbly or a lot of it. And unfortunately getting a good buzz gets many arrested. Just ask the workers at Lederman Bail Bonds.

"The majority of the bonds that we do are DUI's or simple misdemeanor possession of drugs," said Justin Boyd, the manager of Lederman Bail Bonds.

After midnight phones were ringing off the hook. Eleven calls were made from people in the Siouxland area requesting bail–out loans for them or for someone else.

"There's two ways you can get out of jail in Iowa. You can either pay 10% to a bail bonds men or you can pay the courts the money directly cash," said Boyd.

Since bad weather conditions usually keep people close to home and off the roads, last night's 11 cases was more than expected. But still disappointing for New Year's eve.

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