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We make money by bailing people out of jail say for instance if your bail is 10,000 dollars i charge 10% then i get 100 dollars for that bail and 25 goes to my insurance company then i get 75 dollars for my profit.
No Ford did not take any bail out money. Even though Ford did report loses. They did not want to take the bail out money because it came with strings attached. Ford wanted to stay independent from government interventtion.
Yes. While it was the only company that did not file for bankruptcy, it did recieve 23.5 billion dollars in government loans.
300 billion dollars
yes
The Ford Motor Company
The Tea Act
If they receive a court order that allows it, yes. You, and the cosigner, made an agreement with a private company. The private company would pay your bail if you agreed to show up to all of your court dates AND pay them a certain percentage (usually 10-15%) of the bail. The private company is entitled to its payment.
3.56 Billion and then doubled people's credit card apr's
Yes.
To get a refund from a bail bond after an exoneration, the individual or their legal representative would need to contact the bail bond company. They will likely require proof of exoneration, such as a court order or document from the attorney, to process the refund. It is important to follow up with the bail bond company promptly to ensure a smooth refund process.
We make money by bailing people out of jail say for instance if your bail is 10,000 dollars i charge 10% then i get 100 dollars for that bail and 25 goes to my insurance company then i get 75 dollars for my profit.
You lose your money.
No Ford did not take any bail out money. Even though Ford did report loses. They did not want to take the bail out money because it came with strings attached. Ford wanted to stay independent from government interventtion.
Bail.
When someone gets a bail bond, they pay a non refundable fee to the bail bond agent. This is called a premium. It is similar to any other insurance product that you purchase that involves the payment of a premium to the insurance company (in this case the bail agent...who is actually an independent contractor of an insurance company). Other than this payment, the bail bond agent does not receive any additonal fees on a straight bail bond transaction. There are some very good videos explaining the process at ExpertBail's website under the Video FAQ section.
An American bail bond is the act of paying a jail a certain amount of money to release someone who has been arrested. The condition is that if any court dates are needed the bail bondsman will find the person who was arrested if they skip court. There is also a bail bonds company from Longview, Texas called American Bail Bonds (although this question specifically asks about American bail bond and not American Bail Bonds).