Simple, either you or a bonding agency put up money insuring that you show up for trial, and you are set free while awaiting trial. If you don’t show up for trial, you or the bondsman are out of the money that is put up. In case of the bondsman, he will send a bounty hunter after you.
The bondsman guarantees the remaining amount. If your b/f does not show up, then the bondsman can pay the $10,000 or find him and like a bounty hunter, haul him back to court.
I dont know I always wondered.
I always watch dog the bounty hunter.good luck!!
bail bonds work like this, You have the 10% the bondsman takes that money as collateral and makes you a co-signer on a contract that basically says you follow the set rules you get a certain amount back. Your 10% is basically nothing. But hes saying that if your bf misses court or someting the bondsman is not responsible for the money it will then fall onto you. So basically your 10% is like an insurance policy
hE WILL PUT UP THE MONEY TO THE COURT TO GET YOU OUT OF JAIL WITH A GUARANTEE THAT YOU WILL SHOW UP FOR COURT. iF YOU DO NOT SHOW HE WILL COME AFTER YOU FOR HIS MONEY AND SOME WILL COME AFTER YOU BECAUSE THE COURT WILL PUT OUT A BENCH WARRANT ON YOU.
I believe it’s very high because there is a very High risk they are taking. And not at all a sec loan. Even watched the series Dog the Bounty Hunter. He Has to get Payed to go after those guys. That do not show UP.
Hope this helps, its a general overview…however it will vary from state to state and county as well.
Q: What is a bail bond and what does it do?
A: As United States citizens, we have an 8th Amendment right to bail. It would also be virtually impossible to keep each person accused of a crime behind bars until they are brought to trial. A bail bond or appearance bond is used to guarantee the appearance of a person charged with a crime to all of their court dates. It allows the accused to remain somewhat free in order to continue to support their family, keep their job and work to defend their case. Bail Bonds have been used for hundreds of years, dating back to the times of Elizabethan England, as the most effective method to ensure the appearance of a criminal defendant in court.
Q: Who sets the bond and how does that person decide how much the bond will be?
A: Usually the bond is set by a judge or magistrate at the arraignment. There are three types of bond a judge or magistrate can choose from. They are: Personal Recognizance, 10% Deposit and Cash/Surety.
Q: What is the difference between the three types on bond?
A: A Personal Recognizance bond is a simple promise to appear in court with no monetary commitment between the court and the person out on bond. Personal Recognizance bonds are usually used when there is absolutely no risk of the person skipping out on bond.
A 10% Deposit bond differs from a Personal Recognizance bond because you are required to give 10% of the set bond amount to the court. If you skip court on a 10% Deposit bond, the court simply keeps the 10% given to the court and the remaining 90% of the bond is generally not collected from anyone.
A Cash/Surety bond means you must give the court the full amount of the bond in cash or you can go through a bonding company to guarantee the entire amount of the bond to the court. If you give the entire bond in cash to the court, you are entitled to get 100% of the money back from the court provided the defendant makes all the court dates. If you go through a bonding agency, the bonding agency provides the court with a bond to guarantee the defendant will make all their court dates. If the defendant skips court, the bonding agency will re-apprehend the defendant or pay the court the entire bond.
The “bondsman” will put up the ten thousand and you will pay him one thousand to do so. You get nothing back, he gets his ten back when your boyfriend shows up for trial. If he doesn’t show up the bondsman has people that will and can hunt him down. I believe a cash-surety bond is where property (house, car) can be put up as part of the bond. (not sure on that)