People Are Losing It Over Footage Showing Rudy Giuliani Walking Into A Bail Bond Joint After Being Arraigned
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Not just ANY bail bond joint, "A 2nd Chance Bail Bonds" in Atlanta.
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Not just ANY bail bond joint, "A 2nd Chance Bail Bonds" in Atlanta.
If you have a lot of money/property you put that up for 100% of the bail amount, which you get back if you show up to court.
If you don't have enough money/property, you go to a bondsman, pay the 10% and they put up the other 90%. You never get your 10% back even if you show in court.
So if you're gonna run, you just pay the 10%, which over the decades resulted in bail amounts 10x higher than they should be.
It's basically a "poor tax" that Rudy apparently has to pay.
So the bail bondsman isn't going to come after you to get back the 90% he lost when you didn't show up for court?
The system was created when you could just move a state over and start a new life.
The bondsman can still send someone after you, but these days it's more likely they wait for the cops to find you and then sue you.
But I'm pretty sure most don't have any money at that point anyways, there's no financial incentive to spend money looking, it's just a "cost of doing business" at this point when someone runs.
But say the bondsman put up for your bail, and collected 10,000 from you plus whatever fees. If you don't go back to court that bail bondsman is out $90,000. It seems like it would be worth tracking you down to bring you in so that he could get his 90,000 back