The History Behind Bailbond
Thanks to the bailbond, many people no longer have to wait weeks in jail until their preliminary hearing. It is an exhausting endeavor to sit in jail while an attorney works on your case. If you do not know anything about a bail bond or its history, then you are not alone. Most people prefer it that way. But a little knowledge goes a long way if you are ever in need of bail information.
The origins of the bailbond date back hundreds of years but the first professional, or modern bail agency, was established by Tom and Peter P. McDonough in 1898. There are plenty of reasons why someone would prefer to avoid sitting in jail for days, weeks, or months at a time, while waiting for a judge or magistrate’s ruling. Just think about the lost work revenue as the number one personal reason!
The need for bail bond agents came about as a direct need by the court system. Keeping prisoners was expensive and dangerous. Most jails had hazardous health conditions, were already understaffed, easily escapable and were a burden on an already overtaxed system that did not have the money to house every single person arrested.
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