No Holidays for Those in the Bail Bond Business

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His small staff is responsible for a group of clients looking for a second chance.

A bail bondsman, Adkerson has seen numerous changes in Alaska’s court system over several decades.

“I’ve been in this, like I say, 42 years,” he says.

Some old papers show how long Adkerson has been in the business; names dating back to the 1970s of people who never paid him the fees.

“If you run across any of these guys, tell them I’ll give you a finder’s fee,” he said.

Adkerson started in the bail bonding business when Alaska was left with none and eventually started his own business.

“(I) have been doing that ever since about 1969 and I’ve been writing bonds ever since. We write about 70 percent of all the bonds in the state,” he said.

His job: Helping clients bond out of jail — about 400 to 500 a month.

It’s not an easy task. Adkerson works around the clock. In fact, he’s spent the last 42 Christmases, New Years and Thanksgiving days visiting the Anchorage jail.

“They say every night is a Saturday night in the bail bond business. You never know what’s going to happen,” he said.

Each client pays 10 percent of the set bail plus collateral for his services.

That makes Adkerson responsible for the defendant to show up in court. If not, he’ll have to come up with the whole set bail amount.

“We do not make a dime out of bonds that are forfeited. We don’t want them forfeited; we want people to show up. Our bond fees come from the 10 percent that they pay,” he said…..

To read the full article click here.

 

Article courtesy of KTUU in Alaska, by Christine Kim, Wednesday March 24, 2010

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No Holidays for Those in the Bail Bond Business

AIA Bail Bond Agent, Fred Adkerson, has a job that requires him to be on his feet 24/7/365; He spends his holidays in court.

His small staff is responsible for a group of clients looking for a second chance.

A bail bondsman, Adkerson has seen numerous changes in Alaska’s court system over several decades.

“I’ve been in this, like I say, 42 years,” he says.

Some old papers show how long Adkerson has been in the business; names dating back to the 1970s of people who never paid him the fees.

“If you run across any of these guys, tell them I’ll give you a finder’s fee,” he said.

Adkerson started in the bail bonding business when Alaska was left with none and eventually started his own business.

“(I) have been doing that ever since about 1969 and I’ve been writing bonds ever since. We write about 70 percent of all the bonds in the state,” he said.

His job: Helping clients bond out of jail — about 400 to 500 a month.

It’s not an easy task. Adkerson works around the clock. In fact, he’s spent the last 42 Christmases, New Years and Thanksgiving days visiting the Anchorage jail.

“They say every night is a Saturday night in the bail bond business. You never know what’s going to happen,” he said.

Each client pays 10 percent of the set bail plus collateral for his services.

That makes Adkerson responsible for the defendant to show up in court. If not, he’ll have to come up with the whole set bail amount.

“We do not make a dime out of bonds that are forfeited. We don’t want them forfeited; we want people to show up. Our bond fees come from the 10 percent that they pay,” he said…..

To read the full article click here.

 

Article courtesy of KTUU in Alaska, by Christine Kim, Wednesday March 24, 2010

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