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A federal judge on Friday temporarily blocked part of a Georgia law that restricts organizations from helping people pay bail so they can be released while their criminal cases are pending. U.S ...
Georgia, once a self-proclaimed leader in criminal justice reform, is sliding a little further toward its old lock-'em-up ways. State senators voted 30-17 on Thursday to require cash bail for 30 ...
The Bail Project, a national nonprofit that aids thousands of low-income people behind bars, said Monday it is reopening its Atlanta branch after a judge temporarily blocked part of a Georgia law ...
Court-ordered cash bonds require the total amount of bail to be posted in cash. The court holds this money until the case is concluded. Cash bonds are typically ordered by the Court for the following reasons: when the Court believes the defendant is a flight risk, when the Court issues a warrant for unpaid fines, and when a defendant has failed ...
Bond agents generally charge a fee of 10% for a state charge and 15% for a federal charge, with a minimum of $100 in such states as Florida, required in order to post a bond for the full amount of the bail. [13] This fee is not refundable and represents the bond agent's compensation for services rendered. [14]
A PIK, or payment in kind, is a type of high-risk loan or bond that allows borrowers to pay interest with additional debt, rather than cash. That makes it an expensive, high-risk financing instrument since the size of the debt may increase quickly, leaving lenders with big losses if the borrower is unable to pay back the loan.
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