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Message

re: How do bail bondsmen operate?

Posted on 3/11/18 at 7:00 am to
Posted by Rouge
Floston Paradise
Member since Oct 2004
138856 posts
Posted on 3/11/18 at 7:00 am to
I'm just going to use GoFundMe to help post my next bail
Posted by liz18lsu
Member since Feb 2009
18137 posts
Posted on 3/11/18 at 7:02 am to
quote:

I'm just going to use GoFundMe to help post my next bail



I'll help set it up for ya'. Gonna be hard to do from jail don't you think, Rouge?
Posted by Rouge
Floston Paradise
Member since Oct 2004
138856 posts
Posted on 3/11/18 at 7:06 am to
If I can't sneak my phone in, I will need someone on the outside

Posted by liz18lsu
Member since Feb 2009
18137 posts
Posted on 3/11/18 at 7:10 am to
Assuming I didn't get busted with you, I got your back.
Posted by Rouge
Floston Paradise
Member since Oct 2004
138856 posts
Posted on 3/11/18 at 7:15 am to
quote:

Assuming I didn't get busted with you,
we'd have to go all Bonnie and Clyde in a really progressive area so that you could be my celly in the co-ed jail. I mean, why aren't SJWs fighting for that equality?

quote:

I got your back
not if I get yours first.
Posted by liz18lsu
Member since Feb 2009
18137 posts
Posted on 3/11/18 at 7:19 am to
quote:

celly in the co-ed jail


How did you know my ultimate fantasy?!
This post was edited on 3/11/18 at 7:20 am
Posted by lnomm34
Louisiana
Member since Oct 2009
12702 posts
Posted on 3/11/18 at 7:25 am to
(no message)
This post was edited on 2/13/25 at 12:08 pm
Posted by Rouge
Floston Paradise
Member since Oct 2004
138856 posts
Posted on 3/11/18 at 7:27 am to
quote:

They might be. But I bet they know 64 plus 9 does not equal 75
you got me, Captain Calculator

Liz usually handles all of my numbers work

I try to do it once on my own, and you see what happens
Posted by RoyBoy2323
Slabtown
Member since Oct 2004
3248 posts
Posted on 3/11/18 at 7:28 am to
In the state of louisiana the fee is 12% of the bond. The Bondsman gets 10%, the jail gets the 2%. Plus now jails started charging a per charge fee. Most of the jails charge $30 per charge. Bossier & Webster charge $35.

For Example
On one $10,000 charge in Webster Parish, the bondsman would quote $1235. Of that $1235, the jail would receive $235. Depending on the bondsman insurance rate, say 1.6% of the $10,000 will be taken out of the quoted $1235.

Quoted $1235 - Jail Fees of $235 leaves $1000 - 1.6% insurance fee $160 = $840 left for the Bondsman.

Spainhour Bail Bonds
Posted by lnomm34
Louisiana
Member since Oct 2009
12702 posts
Posted on 3/11/18 at 7:28 am to
(no message)
This post was edited on 2/13/25 at 12:07 pm
Posted by liz18lsu
Member since Feb 2009
18137 posts
Posted on 3/11/18 at 7:32 am to
quote:

Captain Calculator


Nice alliteration.
quote:

General Calculator
doesn't work as well, sorry.
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
88380 posts
Posted on 3/11/18 at 7:42 am to

quote:

How do bail bondsmen operate?


With these



This post was edited on 3/11/18 at 7:44 am
Posted by Topwater Trout
Red Stick
Member since Oct 2010
70178 posts
Posted on 3/11/18 at 7:48 am to
What happens if you do a property bond on the 75k without a bondsman...the collateral has to be for the entire 75k or the 9k? And the 9k isn’t lost when the person shows up for court correct?
Posted by liz18lsu
Member since Feb 2009
18137 posts
Posted on 3/11/18 at 7:49 am to
quote:

A property bond is a bond that posts the value of tangible property, such as real estate, in order to obtain a pre-trial release from jail. In some cases, the value of the property may need to be twice as high as the bail amount in order for a property bond to be accepted. A property bond is not allowed in every state.
Posted by Rouge
Floston Paradise
Member since Oct 2004
138856 posts
Posted on 3/11/18 at 7:51 am to
quote:

What happens if you do a property bond on the 75k without a bondsman...the collateral has to be for the entire 75k or the 9k? And the 9k isn’t lost when the person shows up for court correct?
would you please be my financial advisor?

Posted by Topwater Trout
Red Stick
Member since Oct 2010
70178 posts
Posted on 3/11/18 at 8:03 am to
i don’t understand why you’re being an arse. The 12% (9k) is what needs to be posted to get them released correct? 10% of that is refunded when the suspect shows up for court correct?

I have a lot of experience with financial advisors and none with the bonding process bc I’ve never been arrested or bailed someone out of jail.

You said a bondsman gets paid 9k to bail the guy out...why in the frick would anyone throw away that much money instead of just putting it up themselves and getting it back when they show up to court?
Posted by liz18lsu
Member since Feb 2009
18137 posts
Posted on 3/11/18 at 8:06 am to
TT, you lose whatever money you give a bondsman. I don't know how much they keep, but you are out the money you give them. You give them (typically 10%) of bail, kiss that goodbye.

Rouge being an arse? Color me shocked.
This post was edited on 3/11/18 at 8:08 am
Posted by liz18lsu
Member since Feb 2009
18137 posts
Posted on 3/11/18 at 8:09 am to
quote:


You said a bondsman gets paid 9k to bail the guy out...why in the frick would anyone throw away that much money instead of just putting it up themselves and getting it back when they show up to court?


Without a bondsman, you have to pony up the full amount.
Posted by Rouge
Floston Paradise
Member since Oct 2004
138856 posts
Posted on 3/11/18 at 8:09 am to
quote:

don’t understand why you’re being an arse.
the goal of Bond is to ensure that you show up to court

If you offer collateral, if will.have to be for the entire bond or more.

When you show up to court, you get to keep what you put up as collateral.

I'm sure they would still tack on some bullshite fees.

quote:

out...why in the frick would anyone throw away that much money instead of just putting it up themselves and getting it back when they show up to court?
because they don't have access to $75,000. Most people don't.

I'm sorry to tell you, but you're not very smart on this topic....at all

If you are trolling me, I applaud your efforts.
This post was edited on 3/11/18 at 8:09 am
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 3/11/18 at 8:11 am to
nevermind, you seem incapable of grasping a very simple concept
This post was edited on 3/11/18 at 8:14 am
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