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Old 04-20-2006, 11:34 AM   #9
BDBohnzie
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Join Date: Feb 2004
Location: Frederick, MD
Age: 46
Posts: 4,628
Re: F... Spoiled Rich Kids

(If the below is wrong, please correct me!)
Not that I've ever been arrested, or know exactly how these things work, but I believe that houses, boats, cars, etc, can be used as collateral on a bond, plus I believe you only have to post 10% of the bond...or in this case $40k. It's not cash just yet...unless one of the kids fails to appear or jumps bond. Then the cash would have to be posted...all 400k.

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