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To: UCANSEE2
So then in order for a defendant to get out on Bond/Bail, he has to post collateral equal to the Bond, as well as an additional 10% of the Bond as Bail which he never sees back.

What a racket. Where is the risk for the bail bondsman. He can't lose in that deal. Why would he need Dog the Bounty Hunter when it has cost him nothing??

It seems to me that there are a lot of people around here that are out on bail that have nothing to collateralize a bond. I wonder how they do it? Thanks for the info.

83 posted on 06/02/2012 3:30:28 PM PDT by Uncle Chip
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To: Uncle Chip
Why would he need Dog the Bounty Hunter when it has cost him nothing??

First, Thank you for the response, and you are very welcome.

Second, The main reason that bondsman want some type of collateral is that it makes it very 'important' to the 'cosigners' to ENSURE that the defendant SHOWS UP.

The time and trouble it takes to actually get any money (houses don't sell instantly) far outweighs the small amount it takes to have a bounty hunter return the defendant.

87 posted on 06/03/2012 4:55:53 PM PDT by UCANSEE2 (Lame and ill-informed post)
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