The Economic Downturn Affects All Businesses – Even Bail Bonds
Conventional wisdom says that when the economy goes down, crime goes up. And when crime rises, bail bond bondsmen prosper. Actually, neither of these assumptions is correct.
Some states have seen an increase in certain types of crimes, but not all. And yes, the economy has affected bail bondsmen too. Remember, we "sell" a product just like other merchants. If people don't have money to pay their mortgages, they likely can't afford bail bonds either.
Are Crime Rates Really Rising?
It depends on where you live.
Connecticut Attorney General, Richard Blumenthal lamented in March …

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