What happens to the 10% bail money?
The 10% is the bailbondsman, a private company, not the government, putting up the full amount of bail so that the perp will show up in Court and the 10% is their fee for putting up the 100% of the bond. In your above example, the $5,000 is the fee that someone WILLINGLY paid to see the perp get out of jail pending trial, no one twisted their arm, it was THEIR CHOICE. If the perp skips bail, the person that put up the bail is not only liable for the 10% fee that has already been paid, but can be successfully sued for the entire $50,000 as that is what the private company, the bailbondsman, will have to pay the Court and cannot get their 90% back until they deliver the perp back to jail. If you don’t want to be out the $5,000, you have the choice of not paying the bond and letting the perp stay in jail until trial. As other posters have stated above, if you think it is a rip-off, try spending 6 months in jail awaiting trial as it will likely change your mind or get a loan and go into bu
