As the title says, I’ve never comprehended how someone who has been charged with a serious crime can afford to pay a million $+ bond. Do they get that money back? Does it stay in the court? I just have no clue about what happens to all that dough.
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1. Yes, you get the money back so long as you don’t run away.
2. Some places let you use property as a bond so you could use a home as collateral instead of having to put it all up in cash.
3. If a judge has given a $1,000,000 bond to someone who isn’t wealthy then they fully intend for that person to stay in jail until their case is resolved. The law may say a person is entitled to a bail even if the judge doesn’t want to grant it, so the judge simply sets an unreasonably high one.
4. You can pay a bail bondsman approximately 10%-15% to put up the money instead of putting up your own money. However, you never get this back.
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