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What’s the Difference: Bail Bondsman Vs. Bonding Agency?

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Bail amounts vary based on the crime you’ve been accused of. Sometimes it can reach up to thousands of dollars. If you do not have any funds available for your bail, you can hire a professional bonding agent to help you pay the amount. In an article in the New Yorker, the bail-bond business is explained as a simple yet lucrative industry. The bondsman will pay for the full amount of the bail bond and will collect down payment for the service. In this industry, the terms bail bondsman and…

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