1,000 signatures reached
To: Governor Cuomo and Attorney General Schneiderman
Investigate the Bail Bond Industry in New York
We call on your offices to investigate the commercial bail bond industry in New York and take actions to protect consumers from predatory practices.
Why is this important?
Dear Governor Cuomo and Attorney General Schneiderman,
Each year in New York State, as many as 100,000 people are imprisoned for their inability to afford bail. For some families, the only way to buy a loved one’s release from jail is through the for-profit commercial bail bond industry.
The commercial bail bond industry is inherently exploitative, and bail agents take advantage of lax regulations to gouge vulnerable consumers in a moment of crisis, desperate to get a loved one out of jail. They charge a nonrefundable fee of about 10 percent of the bond amount, may require unlimited amounts of collateral, and often impose onerous and invasive check-in requirements as well as illegal fees and conditions.
No one should be profiting off the hardship of others, or relying on people in jail for a revenue stream. The commercial bail bond industry is highly profitable, in large part because it is virtually unregulated, leaving unscrupulous bail agents free reign.
Bail corporations prey on some of our most vulnerable communities that have the least political power- specifically people of color and those too poor to afford a lawyer. Similar to payday loans, the bail industry extracts millions of dollars a year from the neighborhoods that can least afford it.
Bail bondsmen are lobbying elected officials regularly to ensure that bail and mass incarceration remain the status quo. However, we are fighting back and we’re gaining momentum. With an investigation into this industry, the Governor and Attorney General will have the opportunity to expose an industry that is working to hurt their constituents.
The bail bond industry has corrupted our constitutional freedoms for the purpose of profit. By investigating the bail bond industry the state of New York can unwind one of the most unjust aspects of the criminal justice system. By signing the petition you will be telling Gov. Cuomo that we will no longer allow the bail bond industry to prey on Black communities without any oversight.
Due to how vulnerable of a position people are placed in when being in jail for even a short amount of time the bail bond industry is using this as an opportunity to make huge profits off the backs of poor people. Investigate the bail bond industry today!
Brooklyn Community Bail Fund and VOCAL-NY