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47. Bail Bonds

The Economics of Everyday Things

CHAPTER

Inside the Bail Bond Industry

Exploring the role of bail bond companies in tracking down bail skippers, the risks faced by bounty hunters, and the financial implications for family members involved. Discussing the low forfeiture rates maintained by bail bond firms and the economic incentives for courts to be lenient. Delving into the impact of cash bail reform and the significant changes observed, such as the closure of bond agencies in New York.

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