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It's lucrative as long as your clients actually show up to court. If they don't, you (or someone you hire) is running around trying to drag their ass in so you
by vonmoltke 7y ago
It's lucrative as long as your clients actually show up to court. If they don't, you (or someone you hire) is running around trying to drag their ass in so you get your money back from the court.
- tastyfreeze 7y agoWhich lets you play out your man hunt fantasy. Sounds like a win-win.
- dbancajas 7y agotime for some data mining then. but that 10% return is probably 5% for 50% good behavior of criminals?
- Consultant32452 7y agoNo. Let's use the $50k bail example. If the guy returns, you are up 19%. If he disappears you're -100%. It will take you 5 more good behaviors just to get back to zero. So you need less than 1/6 fleeing to make any profit at all.
- vonmoltke 7y agoYour numbers are off, though your point still remains. If the client jumps bond you lose $50k, but you got $9.5k from it for a net of -$40.5k or an 81% loss. It would thus take ~4 good bonds to cancel that one out.
- Consultant32452 7y agoGood catch