Donald Trump reportedly used a bail bondsman after being arrested at Fulton County Jail in Atlanta, Georgia, on Thursday, paying $20,000 of his bond set at $200,000 and taking out a loan for the rest of it. The fact that the former president resorted to such a measure has sparked questions on social media about the state of his finances.

  • @TitanLaGrange@lemmy.world
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    41 year ago

    If the defendant fails to show up the bondsman has to pay the court the entire amount

    I’m curious, does the bondsman actually give the court cash, or just guarantee that they will if the defendant doesn’t show? And if that is the case, do they bond out more people than they actually have cash to cover, knowing that it is unlikely that they’ll ever have to cover all those positions?

    • @canthidium@lemmy.world
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      1 year ago

      Someone correct me, but I think it’s dependent on the court. But either way, that’s why they generally employ bounty hunters to track down the defendants to make sure they don’t have to pay the court the rest.