I have been watching Dog the Bounty Hunter for like a year now, and i still dont understand how they do the bonds and stuff? what are bonds? what are the cosigners and stuff?
can someone help me what they do?
2007-09-05 08:29:54 · 9 answers · asked by Anonymous in Politics & Government ➔ Law Enforcement & Police
A bond in this situation is a bail bond. Bail bonds are used when a person is charged with a crime and the judge allows the person to be released on bail. In most cases the judge will set an amount (say $5,000) and the defendant contacts a bail bondsman who pays the court the bail amount. The defendant pays a fee for this, normally 10% of the bail amount. If the defendant fails to appear, the bail bondsman needs to either deliver the defendantto the court to get back the bail money.
A co-signer is a person that promises to pay if the defendant fails to pay.
2007-09-05 08:37:22 · answer #1 · answered by davidmi711 7 · 1⤊ 0⤋
Bail bonds are done by a surety company,when a person is arrested they are taken to see a magistrate judge which, set the bail for the offense. Then the person in jail now or a friend/family member can contact a bail bond agency to get them out for a percentage of what the bail is,and contrary to some beliefs most areas do not bond for 10% of the bond amount anymore,that percentage varies from company to company. The cosigner is used as a contact for the person that they are getting out. If that person does not go to court,which if they can't get that person rearrested they are liable for paying any additional fees that the bonding company might have to back to the courts.
2007-09-05 10:34:37 · answer #2 · answered by *Mrs.Guerra* 1 · 1⤊ 0⤋
a bond is a surety that a person puts up usually 10% of the "bond' (the amt. the court has set for you to get out of jail) the person who signs the bond is a co-signer. if the perasson skips out on thier court date then the entire amt. of the original bond is due from the person who signed the bond. bounty hunters find people who skip out on thier court date and the bondsman who paid the court will pay the bounty hunter a certain percentage of money to bring the person to court so the bondsman can get "his" money back.
2007-09-05 09:29:48 · answer #3 · answered by luminous 7 · 0⤊ 0⤋
Bonds work sort of like this.
You are assigned a bail amount. Lets say for arguement $100,000
Now you do not have that much in cash so you go to a bails bonds company. That company will put up the $100,000 bond after you pay them a percentage (10% or more).
If you show up for your court date the bail bonds comapny gets thier $100,000 back and they keep the money you paid them to ge the bond.
If you do NOT show up for the hearing the bail bonds company has a certain period of time to produce you. If they can produce you they still get their money back. If not, the forfeit their $100,000. For this reason tehy hunt you down if you do not show up. They have a lot of money on the line...
Hope this helps.
2007-09-05 08:39:16 · answer #4 · answered by Jeff Engr 6 · 3⤊ 0⤋
when a person is arrested, they go to court. the judge will set bail.. the bail which is buying your way out until your court date can be paid by a bond. you go to a bondsman and put up your house or other collateral for the bond, insuring you will show up in court. the cosigner is the person the house belongs to, just like a bank loan. if you don't show up in court, the bondsman can send "Dog " after you
2007-09-05 08:37:06 · answer #5 · answered by Anonymous · 2⤊ 0⤋
A bond is the bail, basically. For example, if the judge sets your bail at $100,000, and you don't have it, you can go the a bondsman. You put up $10,000, and they put up the rest. Then, you owe them the money until you show up in court. The court gives them the money back when you get there for trial. I hope that helps.
2007-09-05 08:40:06 · answer #6 · answered by MissFloor 3 · 0⤊ 0⤋
Bonds - Money or collateral paid to earn release from jail until your appearance in court
Cosigners - People who put up money or collateral to earn your release from jail
Stuff - A variety of things in the world, generic term for items
2007-09-05 09:03:13 · answer #7 · answered by LEO53 6 · 0⤊ 0⤋
You get arrested.
You get someone to loan you a gazzilion dollars (bondsman) to say you won't run if they let you out of jail until your trial (money goes to the court, not you).
You sign a note saying you will pay it back if you DO run. But since you obviously can't be trusted if you ARE a 'runner', then somebody else has to co-sign saying they will pay if you don't.
2007-09-05 08:40:56 · answer #8 · answered by Puzzler 5 · 0⤊ 0⤋
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2016-10-10 00:35:23 · answer #9 · answered by Anonymous · 0⤊ 0⤋