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To: gundog

I thought the 10% is a fee for the person who promises the court the actual bond. Not sure most bonds men have the capital to guarantee 100 million dollars.


7 posted on 07/27/2018 7:51:57 PM PDT by highpockets
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To: highpockets

Private investors, speculative surplus lines insurance company.


10 posted on 07/27/2018 7:57:54 PM PDT by Fhios (♫ Oh Where have you been Jeffy boy Jeffy boy oh where have you been charming Jeffy?)
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To: highpockets; gundog

10%, or more in some states, is the fee that goes to the bonding company that puts up the WHOLE bond. So, in this case, if she takes off, the court get $100 million of her money.

If she had gone to a bonding company: they put up the $100 million, she will pay them $10million or more for doing that, she shows up for court they get the $100million back, if she runs - they lose their money,

Not as risky as it may sound. Many bonding companies have learned that they’ll put up anything you need, as long as you have the assets to cover it, ie, HOMES, PROPERTY, LAND, etc. All you have to do is have your grandmother sign over her house. You take off, grandma is on the street. You’ll have your own brothers and sisters chasing you down, you won’t have to worry about bounty hunters.


42 posted on 07/28/2018 2:19:47 AM PDT by qaz123
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