4 ms·
>The court is not a creditor Never said it was and the whole point of this is not whether they put some collateral or not. The whole point is, how come a 250M
by moralestapia 4y ago
>The court is not a creditor
Never said it was and the whole point of this is not whether they put some collateral or not.
The whole point is, how come a 250M bail can be secured with a 4M house? That is the whole thing that is driving everyone nuts.
Divide by a thousand and you may be able to get a better graps of it. Imagine you have a bail set for 250k and you tell the judge, well I have this really shitty used car which (may be) worth 4k, you can keep it, but also you can't take it from me now because well, it's my car :). You would stay in jail.
- kodah 4y ago$4K is a little different than $4M. I don't think "everyone" is going nuts over this. Just some subset of people. It doesn't really look any different than normal bail. Maybe this is many people's first exposure to the concept of bail though. Bail is also not just a dollar amount, it's about convincing the judge you've put forward enough to motivate you to stay.