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Started By
Message
How do bail bonds work?
Posted on 10/27/20 at 11:13 pm
Posted on 10/27/20 at 11:13 pm
An acquaintance of a friend recently had to post bail of 250k to get out of jail to await trial. I'm told he had to come up with 25k to post bail.
Assuming he stands trial and of course shows up, will he get back part of his 10% back or is it all gone no matter what?
Assuming he stands trial and of course shows up, will he get back part of his 10% back or is it all gone no matter what?
This post was edited on 10/27/20 at 11:14 pm
29
Posted on 10/27/20 at 11:14 pm to 308
quote:
Assuming he stands trial and of course shows up, will he get back part of his 10% back or is it all gone?
Posted on 10/27/20 at 11:15 pm to 308
Did he not ask that?
Posted on 10/27/20 at 11:15 pm to 308
I hope somebody shows up on here that knows for sure but I'm under the impression that that money is gone.
Posted on 10/27/20 at 11:15 pm to 308
Should get it back. If he doesn’t show, bail is forfeited. It’s a security to make sure his arse gets to court.
ETA: LOL
ETA: LOL
This post was edited on 10/28/20 at 9:01 pm
Posted on 10/27/20 at 11:16 pm to Cosmo
If he is not convicted he will get 25k back plus the juice... its standard.... the juice
Posted on 10/27/20 at 11:17 pm to SuperSaint
It is an honest question, bud.
My friend is under the impression that his acquaintance will get at least part of the 10% back, but I'm thinking it may be otherwise.
My friend is under the impression that his acquaintance will get at least part of the 10% back, but I'm thinking it may be otherwise.
Posted on 10/27/20 at 11:17 pm to 308
If you give 10% to a bondsman, 100% of that is gone... never to be seen by your buddy again.
Posted on 10/27/20 at 11:17 pm to 308
quote:yeah right
An acquaintance of a friend
who did you kill?
Posted on 10/27/20 at 11:18 pm to 308
If you use a bail bonds place they keep the 10%
If you pay 100% yourself you get it all back if you show up to court
If you pay 100% yourself you get it all back if you show up to court
Posted on 10/27/20 at 11:18 pm to 308
You have trashy friends to get hammered with a 250k bond.
Posted on 10/27/20 at 11:20 pm to 308
Bail bonds are the absolute worst bonds you can buy. Rate of return absolutely sucks, would not recommend.
Posted on 10/27/20 at 11:21 pm to Volvagia
quote:
You have trashy friends to get hammered with a 250k bond.
I've cleared 250k bond with 9 mature plants and 9 seedlings under 1 foot tall. $250,003
Posted on 10/27/20 at 11:21 pm to Cosmo
quote:
Did he not ask that?
He should have.
But he is apparently in a bad place mentally.
Posted on 10/27/20 at 11:24 pm to Volvagia
quote:
You have trashy friends to get hammered with a 250k bond.
Can you read with a minimal level of comprehension?
I don't know the guy, only heard about him from someone casually acquainted with him.
Posted on 10/27/20 at 11:27 pm to transcend
quote:
If you use a bail bonds place they keep the 10%.
Thanks for your answer. That is what I suspected.
My friend is under the impression that his acquaintance will get a chunk of the money back.
Posted on 10/27/20 at 11:29 pm to 308
Cash or land bond? Just to be 100% clear
Posted on 10/27/20 at 11:30 pm to 308
quote:
Assuming he stands trial and of course shows up, will he get back part of his 10% back or is it all gone no matter what?
The amount one pays a bail bondsman is the fee. Nothing comes back even if you show. Now there may be bondsmen that work differently but I have never run into them though sometimes they charge less than 10%.
I don't know how many times a client has asked me about this and thought they got it ALL back. They apparently think bail agents work for free.
Posted on 10/27/20 at 11:33 pm to Kafka
quote:
yeah right who did you kill?
The story is EXACTLY like I posted it.
When I started this topic, I knew there would be some low life replies.
And yours is one of them.
GFY.
Posted on 10/27/20 at 11:33 pm to 308
I’m embarrassed for you.
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