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 Post subject: Credit Crunch means....
 Post Posted: Wed 02 Sep 2009 06:19 
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Joined: Mon 23 Apr 2007 01:03
Posts: 15
Location: England
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That the crime rate has rose drastically-burglary being the highest riser, whether there are many more arrests regarding this rise i can only speculate!.

So...
In the USA, the credit crunch, has crime risen thus resulted in more "business" for you? Is your career proving to be credit crunch proof?
Or are you still going as normal?

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 Post subject: Re: Credit Crunch means....
 Post Posted: Wed 02 Sep 2009 08:00 
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Joined: Fri 23 Dec 2005 12:57
Posts: 538
Location: NE Alabama
FRN Agency ID #: 2065
Experience: 7 - 10 years
The bail bonding side of our business is doing better than it ever has. As far as the recovery side, we write fairly tight paper when we bond people. We don't have that many skips.

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Jay Shell
Covering North East AL.
AAA / Eagle Bail Bonds, LLC
Anniston, AL
256.235.2437


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 Post subject: Re: Credit Crunch means....
 Post Posted: Wed 02 Sep 2009 08:06 
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Joined: Mon 14 Feb 2005 10:59
Posts: 7563
Location: Arkansas
FRN Agency ID #: 340
Experience: More than 10 years
Nah . . . we have the same thieving going on now that we had before.

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 Post subject: Re: Credit Crunch means....
 Post Posted: Wed 02 Sep 2009 08:09 
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LuVonda wrote:
Nah . . . we have the same thieving going on now that we had before.

:lol:

It just might be the crunch is the excuse as figures are as bad as normal but have an "explaination" as to why it has not dropped!

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 Post subject: Re: Credit Crunch means....
 Post Posted: Wed 02 Sep 2009 08:10 
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Eagle wrote:
The bail bonding side of our business is doing better than it ever has.

More crime then?



Eagle wrote:
As far as the recovery side, we write fairly tight paper when we bond people. We don't have that many skips.

Result!

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 Post subject: Re: Credit Crunch means....
 Post Posted: Wed 02 Sep 2009 13:11 
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Joined: Wed 29 Apr 2009 08:47
Posts: 157
Location: Vienna, MO
FRN Agency ID #: 2716
Experience: < 3 years
The courts here in Missouri have figured out that it's cheaper to issue a summons than it is a warrant. Thusly, the bail industry here is pretty slow right now, and subsequently, even more competetive. I've only been in the game for several months, but I'm told by some "old timers" ('Sup Andy! :mrgreen: ), that business is slower than it's been in as long as a decade.

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Vienna, MO
(573) 368-6672


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 Post subject: Re: Credit Crunch means....
 Post Posted: Wed 02 Sep 2009 13:29 
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Joined: Tue 24 May 2005 14:46
Posts: 3334
Location: Colorado
FRN Agency ID #: 324
Experience: 5 - 7 years
My biz is way down here. The jails are so full that they aren't taking misdemeanors unless there is an active warrant or it is a DV. DUI's are allowed to have a sober person come drive them home and given a summons, or if nobody is available they are only held for a few hours and released with a summons. The felony arrests are such large bonds that very few can afford the fee. With very few exceptions, I have stopped doing bonds on credit, cos I mostly never get paid.

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Kathy Blackshear
Blackshear Investigations
Blackshear Bail Bonds
Sales Associate, Prepaid Legal Services, Inc.
Walsenburg, CO


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 Post subject: Re: Credit Crunch means....
 Post Posted: Wed 02 Sep 2009 16:31 
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Joined: Sun 21 Dec 2008 18:10
Posts: 121
Location: Martinsburg, Wv
FRN Agency ID #: 0
Experience: < 1 year
It seems around here that the bonding business is really really slow compared to the norm. The recovery side isn't all to bad though but now that I think about it, more times than most recently it seems like the bond is being revoked due to non-payment. Not too many people have been missing court around here lately.

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Stephen Thompson Jr.


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 Post subject: Re: Credit Crunch means....
 Post Posted: Thu 03 Sep 2009 18:44 
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Joined: Fri 02 Mar 2007 10:51
Posts: 5055
Location: South Central Virginia
FRN Agency ID #: 1474
Experience: More than 10 years
Virginia seems to be in a major slump due to .... IMHO, Pretrial services and a major reduction in bond amounts and a major increase in PR bonds. I know of several very prominent bondsmen that are seriously considering closing up shop... and several others that did not renew their licenses in June.

... as for me......... I hope it picks back up but I am not going anywhere.... mainly because I have no where to go and besides... I'm too old to get a real job..... and I like baloney sandwiches anyway... :shock: :shock:

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 Post subject: Re: Credit Crunch means....
 Post Posted: Fri 04 Sep 2009 02:56 
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Joined: Thu 23 Nov 2006 18:44
Posts: 1311
Location: San Ramon, CA
FRN Agency ID #: 1366
Experience: 7 - 10 years
Come to CT..been busy here...

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