Why do you have to pay only 10% of your bail?

Question

For example,

If you are accused of a crime and get charged with $100,000 bail, why do you only have to pay $10,000? Why don't they just make the bail $10,000 and make you pay all of it?

Answer 1

The 10% of the bail is a surety. You have to have property worth $100,000 to get that 10%.

If you default on your bond--that is, not show up for your court date by skipping the county, the property you based your bond on becomes forfeit to the bond company.

Answer 2

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Answer 3

Well, you refuse to accept anyone's answers, so I have no idea what to tell you. I don't know whats in his head. He said 10% that should be $1000. He wants $2000. Maybe he misquoted you. Or maybe the circumstances changed. Maybe he looked up the person is his bailing and decided that it's not a great investment on his part, so he wants more money. Maybe he's trying to screw you. I know many bondsmen here in Missouri charge a minimum of $100. So if someone gets hooked on a driving while suspended ($300 bond). They are going to have to pay 30% if they want to use a bondsman. I have no idea what California law says in this matter. Look it up. It should be easy to find on google. Bottom line. You have four options. 1. Pay him $2000 to that bondsman and get the person out. 2. Come up the the $10,000 yourself and don't use a bondsman 3. Go with a different company. 4. Leave the person in jail.

Answer 4

If you pay the courts, you do pay 100%. It is only when you go through a bondsman that you pay 10%. It is a business racket. Most people don't have $100,000 laying around, or even $10,000 for that matter. The bondsman pays your bail, but charges outrageous interest on the loan. It is almost worth it to stay in jail until court.

Answer 5

The 10 percent is what you pay to a bail bondsman. He then puts up a bond for the full amount. He gets to keep that money even if you are found not guilty where if you paid the full bond yourself you would be given the money back. In essence you are paying him for the loan of the full bond.

Answer 6

Payment of bail is only 10% because the accused is still not proven beyond reasonable doubt that he is guilty of the crime. Thus, he is not obligated to pay the full amount charged in a case.

Answer 7

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What does your receipt say. Sounds like you have been cheated out of $1000 bucks. Report him to the state consumer fraud division. Also report him to the Better Business Bureau and any professional organizations he is a member of. If you have an Action Line in your newspaper, call them. Make a lot of noise and you might get your money back. The typical % is 10, I've heard of them going down to get the business, but never up. You were over eager and he used this to take advantage of you. Always read before you sign and ask any questions before you sign. Once they have your money, they have no incentive to treat you fairly.

Answer 8

actually if you pay the bail you pay the full amount but when they show up, you get all of your money back.

What you are doing is "hiring" a bails bondmens, and his fee to post the full bond for you is 10 and sometimes 15 percent of the bond. But you will also at times have someone sign for you, put up property or other items to cover the bond if you don't show up for court.

Answer 9

you forfeit 10% to a bail bondsman.
and put up collateral for the rest most likely your house
if you pay the total amount yourself
you get all the money back after the trial

Answer 10

The other end of it is, if you put up the $100,000 yourself: it all comes back to you after you are done with your court appearences-whether you are found guilty or not.

The 10% you pay for a bailbondsman goes in his pocket and never is refunded....but it is his 90,000 that gets you out if you don't have it yourself.