I don’t understand, I thought if they set bail at $250,000 then the bond is $25,000. Isn’t that all he has to come up with, $25K?
If I’m reading the article correctly, the judge said cash, no bond.
posted on 12/07/2011 6:25:23 PM PST
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The Court could set a percentage, but when the bail order says straight cash, he either has to come up with the whole amount or find a bail bondsmen to post it, at an unrefundable cost of 8-10%. In this case, IF he could find one willing to be responsible for this guy, they'd probably require additional collateral.
posted on 12/08/2011 3:35:56 AM PST
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