If bail is set at $200k, he only has to pay 1/10 to get out .... right?
I think this would be if he uses a bail bond.....where somebody else puts up the full amount. Which is for poor folks. It will look bad.
This is info is from NY State
What is Bail?
When a defendant (the “principal” or “arrestee”) is held before trial, the court may release them under conditions known as “bail.” Bail usually includes a payment to the court, which is typically given back at the end of the case if the defendant follows court orders.
What is a Bail Bond?
If the defendant (or their friends or family can’t afford the full bail amount, they can use what is known as a “bail bond.” There are several types of bail bonds, such as insurance company bonds, where a defendant’s friends or family sign a contract with a licensed bail agent who will pay for them. These contracts are usually called “indemnity agreements” or “bail agreements,” and the friends or family that sign them are called “indemnitors.”
I think this would be if he uses a bail bond.....where somebody else puts up the full amount. Which is for poor folks. It will look bad.
This is info is from NY State
What is Bail? When a defendant (the “principal” or “arrestee”) is held before trial, the court may release them under conditions known as “bail.” Bail usually includes a payment to the court, which is typically given back at the end of the case if the defendant follows court orders.
What is a Bail Bond? If the defendant (or their friends or family can’t afford the full bail amount, they can use what is known as a “bail bond.” There are several types of bail bonds, such as insurance company bonds, where a defendant’s friends or family sign a contract with a licensed bail agent who will pay for them. These contracts are usually called “indemnity agreements” or “bail agreements,” and the friends or family that sign them are called “indemnitors.”