Quote:
Originally Posted by shakran
Also in many states bail is set as a percentage. in other words, you may only have to pay $10,000 of that $100,000 bail, *unless you skip town* at which point you owe the remaining $90,000. And that $10,000 will be returned to you when you show up like you're supposed to.
|
This is true, and most of the time collateral is needed on a high payout bond such as property or other assests to insure the bondsman can get the money back if you don't show up.