New Jersey state law requires that bail bondsmen charge 10 percent of the total bail price in order to post bond. There are a number of bail bondsmen out there that are circumventing the system in order to stay in business. These bondsmen are trying to get creative and work out “side deals” to stay afloat. They would rather charge 1 percent than 10 percent and stay in business, but this cannot be tolerated.
This scenario played out in the recent case of Hakeem Chance. Chance was initially given a bail of $500,000 which was then reduced to $350,000. According to CliffViewPilot.com, his mother then posted only $10,000 to secure his release, not the $35,000 required. Presiding Superior Court Judge Liliana DeAvila-Silebi then returned Chance’s bail to the original $500,000 stating that side deals like the one in the case were unacceptable.
At 24 Seven Bail Bonds we take pride in providing ethical transactions. We work with you to find the best solution to a quick and just release from prison. To find out how we can help you, give us a call at (732) 418-2245 or check us out online.