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WHAT IS A BOUNTY HUNTER?

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WHAT IS A BOUNTY HUNTER?

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When a person is arrested, he needs to pay bail or post bond for his release. This bond is a sum of money used as insurance to guarantee that the accused person will show up at his court date, at which point he will get his money returned. If he does not have enough money from his own personal funds to pay bail, he may contact a bond agency and they will loan him the money. An accused person might pay a percentage of the bail amount; say $1000 for a $10,000 bail. If the person does not appear at his court date, the bond agency defaults the money and loses the full $10,000 amount. This is where learning how to become a bounty hunter comes in. A bond agency will hire a bounty hunter to find the accused who failed to appear (FTA) in court, and to bring him to the police. The bond agency then gets the bond returned and the bounty hunter receives a percentage of the bail.

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