the court sets your bail at 10000. I don't think the bondsman pays the whole 10000 to bail you out. You just pay 1000 to the bondsman to get you out, so what really goes down there? this does not makes any sense. please any professional who can explain.
2007-12-06 12:05:58 · 1 answers · asked by Dimitri VanHorn 1 in Politics & Government ➔ Law & Ethics
It's an insurance premium.
The bondsman is registered with the court, and has shown them proof that he can afford to pay if you skip bail. If your bail is set at $10,000 then you give the bondsman $1,000.
If you skip on your bail, and the court forfeits it, then the bondsman has to pay them the whole $10,000. He's betting that you'll show up, and the court is allowing you out without having the $10,000 in their hands, because they believe that if you skip, the bondsmans recovery agents (bounty hunters) have a good chance of catching you.
If your bail is revoked, but the bondsman is able to catch you and return you to court within a certain period, he gets his bond money back, which is why it's worth it to him to pay bounty hunters to go look for you.
Incidentally, if he DOES have to post a bounty to get you back, he can legally sue YOU for what he had to pay them.
Richard
2007-12-06 12:12:44 · answer #1 · answered by rickinnocal 7 · 0⤊ 0⤋