What if you only posted 10 percent of a bail and the person jumps bail what are the consequences for you?

Answer 1

You lose the ENTIRE bail amount (i.e.: if the bail was $10,000 and you put up $1,000. you will lose the entire $10,000.). The money bond was an insurance policy that the person show up in court. If they left you holding the bag..... too bad. Now you know why bailbondsmen hire bounty hunters.

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It depends on the type of bail the court requires the defendant to post. In most cases, the type of bail that requires a defendant to post 10--15% of the bond is called a corporate surety bail bond. In this case, the defendant pays the bail bond company 10--15% of the bond amount and, in return, the bail bond company insures the defendant's appearance in court for all hearings and trial. The bail bond company does not actually provide the court officials the amount of the bond; it merely guarantees the defendant's appearance. If the defendant "skips out" and fails to appear, the bail bond company will have to pay the bond amount to the court.

Recently, courts have allowed some defendants to pay a percentage of the bond amount directly to the court in lieu of obtaining a corporate surety bond. So, if the bond amount set by the court is, say, $10,000 and the usual percentage is 10%, the court will accept $1000 cash in lieu of a corporate surety bond. If the defendant fails to appear, he or she loses the cash they provided as bail. If the defendant makes all required appearances, the money is usually refunded one the case is adjudicated.

Answer 2

If you posted only 10 percent of the bail amount and the person jumps bail, you may still be responsible for the remaining 90 percent of the bail. The court could revoke the bail bond and issue a warrant for the arrest of the person who jumped bail. As the co-signer of the bond, you may also be pursued by the bail bond company for repayment of the remaining bail amount. Ultimately, you could face financial consequences and potentially legal action.