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Absolutely not. That is their fee for posting your bond. When the bonding company post's your bail they essentially say that they will guarantee your return to court. What I can't believe is that you paid 40% when the going rate is around 15% - 20%!!! You got screwed.
A few might return a portion of the money but I rather doubt it tho since it is their fee for doing you the favor of getting you out.I dont see why they asked for 40% tho because they only are supposed to charge you 10% . Lets say you have a bail of 5,000 dlls a baibonds will get you out for 500. At least thats how it is done in California. The only way to get all your bail money back is if you paid the whole thing to the court clerk.
I don't know what state your in but I've never heard of 40%. Here in Ct. it's 10% and if you have good credit and not a long police record it could be as low as 5%. As far as getting your money back: No! That's there profit you can't expect them to work for nothing. As for the 40% - do some checking - start with the Better Buss. bureau. Call a few other Bondsman see what they charge. And than if you've been over charged talk to a Lawyer. Good Luck!!!!!!!!!!
Not something stable comes from propping up those companies, at times that's a extreme obstacle to our financial restoration. most of the companies we've baile d out outsource very plenty of their artwork. quite some our bail out funds is going promptly distant places. the diverse companies have a monopoly or digital monopoly in markets combating new American startups who definitely employ people to upward push up and take their place. we are stretching the international lending equipment to the snapping element. China is finally waking up and asking for assurances on how we pays off that debt. Assurances that once made public i think will enrage people like they have by no skill been enraged earlier. nonetheless we will borrow until we weigh down the international banking equipment in our debt. quite some it thrown away on companies that are going to fail besides. look at GM, it relatively is not the autos they make it relatively is the low high quality of the autos they make that's the subject. i admire the way Dodges look. in the event that they weren't a breakdown waiting to ensue i could own a steer sparkling of. quite i bought a Toyota that would not look 0.5 as cool simply by fact the steer sparkling of yet which by no skill sees a restoration keep. until GM makes high quality autos and people start to have confidence in GM's high quality they're going to proceed to sink. only how that's. the greater serious the economic equipment the fewer people could have the money for the restoration costs that comprise GM autos. GM makes the economic equipment worse by utilising delivery such diverse jobs distant places. So that's a sort of economic suicide. for this reason US Taxpayer assisted suicide.
THE MAJORITY OF THE TIME THE BOND IS USED TO PAY THE FEES IMPOSED BY THE JUDGE. IF SOMEONE ELSE COVERED THE BOND THEN THEY MUST ASK THE COURTS TO GIVE THEM THEIR MONEY ONCE YOUVE COMPLIED. IF DISMISSED new-jersey FOUND NOT GUILTY THEN ALL IS RECOVERABLE. THE BOND COMPANY CAN ONLY COLLECT A FEE FROM THE AMOUNT OF THE BOND WHICH IS UNRECOVERABLE USUALLY 10 % OF THE AMOUNT PAID
You don't think the bond company is just going to give money back? Why do you think they are in the business. When you go to court they get the money you put in and thier money.