Donald Trump reportedly used a bail bondsman after being arrested at Fulton County Jail in Atlanta, Georgia, on Thursday, paying $20,000 of his bond set at $200,000 and taking out a loan for the rest of it. The fact that the former president resorted to such a measure has sparked questions on social media about the state of his finances.
That’s the point – 10% as opposed to 100%
You would get back 100% of bail once you show up for court. That’s how a bail bondsman makes money.
Right, ignore me.
Though I suspect that if you can leverage that debt, you can still come out ahead.
It’s not debt it’s a payment.
So he doesn’t owe the remaining 90% to anyone?