The Economics of Everyday Things
47. Bail Bonds
May 6, 2024
Explore the world of bail bonds with sociology professor Joshua Page and defense attorney Steven Zalewski. They discuss the economic motivations behind the bail industry, the impacts of cash bail reform in New York, and the challenges faced by families in the legal system. Delve into the intricacies of bail bond strategies, tracking down bail skippers, and the changing landscape of the bail industry.
17:54
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Quick takeaways
- Affordable Bail companies offer services for those who can't afford bail, helping accused individuals await trial outside jail.
- Bounty hunters in the bail bond industry work to locate fugitives who skip bail without resorting to violence.
Deep dives
Bail Bonds and the Justice System
Bail bond companies like Affordable Bails provide a service that allows individuals accused of crimes to get out of jail while awaiting trial. The process involves posting money as assurance that the person will show up for court. The bail amount varies based on factors like the crime committed, ranging from misdemeanor to serious offenses like murder. Families often seek the services of bail bond firms as an alternative when they can't afford the bail amount set by the court.
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