2006-09-15 02:43:36 · 9 answers · asked by sueet2b 4 in Politics & Government ➔ Other - Politics & Government
To add on...it is usually a 10% payment of the bail...the number can change depending on the Bond issuer
2006-09-15 02:47:49 · answer #1 · answered by Q-burt 5 · 0⤊ 0⤋
The bail bondsman will post the bail, assuming he thinks your a good risk, to do this he usually charges 10% of the total bond - which in not refunded, its his fee. So if the bond is $10,000 then the bondsman wants $1000 up front. They prefer cash but sometimes will accept property or a promissory note instead. If the bailed person fails to appear in Court, the bondsman loses his $ and then starts looking for - guess who - because if he delivers the bailed person to Court (jail), he gets his money back. Bondsman are regulated by state law.
2006-09-15 03:02:37 · answer #2 · answered by jack w 6 · 0⤊ 0⤋
Think of it like a loan. Usually a magistrate sets bail, at whatever they see fit. Then a bailbondsman, arranges a deal with the suspect. Often they require 10% and a surety like a house or something of great value. If the person "jumps" bail, the bondsman is out the 10 percent but keeps the property. They usually send a bounty hunter to find the jumper.
2006-09-15 04:50:03 · answer #3 · answered by amish-robot 4 · 0⤊ 0⤋
To make bail for someone. Go to a bail bond office. Be prepared to give them a % of the total bail set by the court (10%-20%?). You may need to supply the title for something else (car, house, etc) to cover the remainder. If the person being released on bail does not show up for court you may lose whatever you have put up.
2006-09-15 02:52:10 · answer #4 · answered by Anonymous · 0⤊ 0⤋
You pay them less money that the bail or put something up like your house promising the person being released from prison will return to court and stay out of trouble.
They bondsman put up the rest of the money. IF the person returns to court you get your money back if they dont , you dont.
Ive nevr bailed anyone out,Im just that kind of friend, but Im sure there are some standard fees/ interest or something the bond company makes off of you fro doing it even if they do return.
2006-09-15 02:48:17 · answer #5 · answered by ? 6 · 0⤊ 0⤋
If you are arrested and need to post bail, you usually post money or property.
A bail bondsman will front you the money for collateral or a percentage of the bond.
Example: Your bond is $10,000 cash or property. You go to a bondman and give him 10% cash ($1,000) and he fronts you the $10,000 bond, paid to the court.
Example: Your bond is $10,000 cash or property. You don't have $1,000 for the bondsman, so you collaterally assign property to him and he fronts you the $10,000 bond, paid to the court.
If you don't show up for your court date, you forfit the cash or property paid to the bondsman. Then you have a warrant sworn out for your arrest and the bounty hunter gets to go out looking for you! Not fun.......
2006-09-15 02:49:30 · answer #6 · answered by kja63 7 · 1⤊ 0⤋
For a fee they post your bail. If you jump bail then they can come after you.
2006-09-15 02:52:22 · answer #7 · answered by N3WJL 5 · 0⤊ 0⤋
In simple terms.
Security, usually a sum of money, exchanged for the release of an arrested person as a guarantee of that person's appearance for trial.
;o)
2006-09-15 02:45:30 · answer #8 · answered by Chris O 3 · 0⤊ 0⤋
when you get locked up a bondsman puts up a promissory note with the courts that you will appear on time.if you do not go to court,they have to pay all that money. you go back to jail
2006-09-15 03:09:41 · answer #9 · answered by granny 3 · 0⤊ 0⤋