bond is set at such a high price how do loser criminals pay for their bonds?
2007-02-01 19:28:00 · 6 answers · asked by whatwhatwhat 5 in Politics & Government ➔ Law Enforcement & Police
who is willing to loan criminals such high amounts and what is the typical interest rate?
2007-02-02 14:13:26 · update #1
Posting bond is a means to get out of jail. It takes money, from someone willing to pay it, or the person does have enough to do it themselves. The "losers" you mention sometimes have someone to do it for them, for what ever reason they do so. The person posting the bond also agrees to show up for court. If they don't, then the person who loaned them the money has to pay that money to the court. This is what a bondsman does, they loan the person the money to get out of jail. If the person doesn't show, then the bondsman has a legal right to go and find that person, and bring them back to jail.
2007-02-01 19:38:16 · answer #1 · answered by Anonymous · 0⤊ 0⤋
They are talking about bail. It can take a long time for them to schedule a trial. While you are waiting for trial, the judge usually sets a "bail" amount. That's kinda like a security deposit. If you post the bail, you get to leave and wait for your trial in the comfort of your own home. If you show up for trial, they give you the money back. If you don't, the government keeps the money. Sometimes you hire a company called a "Bail Bondmen" to bail you out of jail. You pay them a fee (say $300), and they bail you out of jail (giving the government $30,000 they get back if you show up for trial). If you listen closely, they never say "30 years in jail or 3 million dollar bond". The bond has nothing to do with what happens if you get convicted.
2016-05-24 04:33:02 · answer #2 · answered by Anonymous · 0⤊ 0⤋
post bond?? means the person pays a certain amount of money to get out of jail until time to go to court-usually it is 10% cash bond ---for instance a bond for a 1000.00 someone would need to have 100.oo$
2007-02-01 22:22:32 · answer #3 · answered by nickle 5 · 0⤊ 0⤋
Many of the ones you are talking about are drug pushers and they work for big time dealers who need them back out in the street to peddle drugs, so their employers bail them out.
2007-02-01 22:48:18 · answer #4 · answered by WC 7 · 0⤊ 0⤋
Kerry answered that correctly.
2007-02-01 20:38:05 · answer #5 · answered by blue2blnde 4 · 0⤊ 0⤋
get out of jail card
2007-02-01 23:11:00 · answer #6 · answered by Anonymous · 0⤊ 0⤋