TexasCHLforum.com

Teamless wrote:

CheBC wrote:Can someone explain how the bond works?

If I remember right.

Bail is the full amount needed to get out.
Bond is normally 10% of that amount used as collateral. If you fail to show, then the city, county, state or whatever entity you paid the bond to can come and get your property that you used as collateral.
So when they say $50,000 bond, if I am right, then the real "Bail" is $500,000.

$50,000.00 dollor bond means that someone has to put up $50,000.00 to the entity (city, county, state) to garuantee that the suspect will show up for proceedings in the case. A bonding company will put up the bond for a fee - usually 10% & they will want a note signed for enough collateral to cover the full cost of the bond. If the actor does not show up in court - the bonding company has to surrender the full amount of the bond. Then they attempt to find the actor & start proceedings to collect on the note. Once he is back in custody the bonding company can recover their money.