Defendants in arraigned in court for a case require ample time so as to be able to come up with a sturdy defense strategy so as to win the case. For this reason, the defendant requests for bail to be released before trial and the court sets it at a specific amount stipulated by the law. Even though granted, not everyone is capable of paying the bail amount put up with the court depending on the defendant’s financial ability. Bail bondsmen are there to help out in the situation where the defendant is not able to post bail and need to be out of cell or remand to come up with a strong defense and payback the bail bondsman according to the agreement. Read on to understand the process involved when looking to become a bail bondsman.
Eligibility is a key aspect in the process of becoming a bail agent. Different states have differing policies and regulation on becoming bail bondsman and you need to be eligible to the requirements of your state. Basic eligibility requirements include proof of 18year of age and above and sufficient knowledge about finances, contract and criminal laws. There are states that do not allow for bail bondsmen to set shop and it might require you to go start the profitable and yet risky business in another state which you must know might turn out to be more hectic and problematic in a foreign state.
To run and manage this enterprise successfully, you must have enough all-around knowledge on what it really entails in being a bail bondsman. In most states, the requirement of becoming a bail bondsman is to have at least a high school diploma. This though is not substantial in making the enterprise a success. Most successful bail bondsman have attended college and attained an associates, bachelor’s degree or master’s degree in finance and economics, contract or criminal law and business administration. This knowledge is very crucial in helping manage the business and how to make agreements on collateral when it comes to helping people post cash bail or bond. It also helps a great deal in helping one to pass licensing examination that anyone looking to become a bail bondsman has to undertake and pass so as to get licensed as a bails and bond agent.
Passing the licensing exam now allows you to apply for a state license. You have to fill out and submit a form at the licensing department. While submitting the application form, there is a licensing fee that is required to be paid at the board and also submit the results of the passed licensing exam.After receiving the license, you can decide to either start your own or join a company that does the same.