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d2jsp Forums > Off-Topic > General Chat > Political & Religious Debate > Trump Is Super Poor, Cant Pay 200k Bond
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Aug 25 2023 09:29am
Trump could only pay 20k of his bond (paid for by his PAC) and convinced some poor bail bondsmen to cover the over 180k


WOw a billionaire cant afford a measly 180 thou?

Man I mean that makes no sense... unless he isn't actually a billionaire


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Aug 25 2023 09:35am
In the United States, when bond is set 10% of that is the cash price. The entire amount is collateral like if you put your house up. Idk why I am even giving you information but the more you know I guess…
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Aug 25 2023 09:38am
Quote (YeeHaw @ Aug 25 2023 08:35am)
In the United States, when bond is set 10% of that is the cash price. The entire amount is collateral like if you put your house up. Idk why I am even giving you information but the more you know I guess…


If you use a bail bondsman...

If you pay the full 200 you get 200 back when you get to court. If you pay a bondsman 20 they front the remaining 180 and keep your 20.
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Aug 25 2023 09:38am
Quote (Sioux @ Aug 25 2023 10:38am)
If you use a bail bondsman...

If you pay the full 200 you get 200 back when you get to court. If you pay a bondsman 20 they front the remaining 180 and keep your 20.



That is incorrect.
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Aug 25 2023 09:46am
Quote (YeeHaw @ 25 Aug 2023 17:35)
In the United States, when bond is set 10% of that is the cash price. The entire amount is collateral like if you put your house up. Idk why I am even giving you information but the more you know I guess…

Quote (YeeHaw @ 25 Aug 2023 17:38)
That is incorrect.


Why he did this then ?
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Aug 25 2023 09:51am
Quote (Meanwhile @ Aug 25 2023 10:46am)
Why he did this then ?



Because you are not required to pay the entire amount in cash. This topic is asinine. Just put, “I dislike Donald trump” in your signature and move on…
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Aug 25 2023 09:53am
Quote (YeeHaw @ Aug 25 2023 08:38am)
That is incorrect.


https://www.investopedia.com/terms/b/bail-bond.asp#:~:text=Investopedia%20%2F%20Ellen%20Lindner-,What%20Is%20a%20Bail%20Bond%3F,return%20for%20guaranteeing%20the%20payment.

Quote
Once the amount of the bail is set, the defendant’s choices are to:

Remain in jail until the charges are resolved at trial
Arrange for a bail bond
Pay the bail amount in full until the case is resolved


I'm sorry that in all your run-ins with the law, you couldn't afford to just pay the bail outright.
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Aug 25 2023 09:54am
Quote (Sioux @ 25 Aug 2023 11:53)


xd
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Aug 25 2023 10:00am
Quote (YeeHaw @ 25 Aug 2023 17:51)
Because you are not required to pay the entire amount in cash. This topic is asinine. Just put, “I dislike Donald trump” in your signature and move on…


Move on ok

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Aug 25 2023 10:02am
Quote (Sioux @ Aug 25 2023 10:53am)



You are incorrect. No amount of google searches will change the reality of how bail works. Bondsmen are always an option. They are not the only option.

Again, you are incorrect.
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