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Exactly. It’s also absurd to call it a $250M bail if you’re only depositing around a 100k to get out. I bet a lot of poor people cannot get out of their 10k bai
by darth_avocado 4y ago
Exactly. It’s also absurd to call it a $250M bail if you’re only depositing around a 100k to get out. I bet a lot of poor people cannot get out of their 10k bail by paying 10 bucks.
- dragonwriter 4y ago> It’s also absurd to call it a $250M bail if you’re only depositing around a 100k to get out. Bail amount is the penalty for you if you fail to comply. The amount you deposit (or other property which you give, either physically or as an interest via a lien) is security. Surety is other people accepting a penalty (which may be equal or less than the full bail amount) if you fail to comply. Lots of states have formulaic relations between these that are designed to (1) keep people, especially poor people, in jail, and (2) support the bail bonds industry, but they are conceptually and historically separate levers for achieving compliance.