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To: Kackikat
Usually a bond is 10% of the Bail....as a guarantee the defendant will appear at trial. So he is probably out $50,000., unless specified otherwise. OUCH!

Unless he forked over the full $500k, in which case he's out the income it would have generated while held by the court.

16 posted on 01/28/2014 7:05:12 PM PST by cynwoody
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To: cynwoody

Unless the Judge ordered that specifically, which it doesn’t seem likely....NYC 10% and CA 10% usually, depends on place....or crime. If so, you could be right.

http://www.queensdefense.com/newyorkcitybailbondinformation/


17 posted on 01/28/2014 7:13:56 PM PST by Kackikat
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