In case this is your first time to encounter bail bonds, having collateral means either using it either as a replacement or addition to actual bail money. It is both for securing the release of a defendant who has been arrested and to further guarantee that person’s appearance in court. Upon the defendant’s dismissal of […]
Read More Bail, Bail Bond Collateral, Bail Bonds, Denton, Denton County, TexasWhat Does the Term Undertaking Mean in Terms of Bail? An undertaking is another type of allowed bail security. It is when the allowed bail consists of an adequate court taking and undertaking of appropriate security for the guaranteed appearance of a defendant on agreed upon terms. If the defendant does not appear in court […]
Read MoreUsing collateral to get a loved one out of jail is one of the most commonly used methods to cover the debt. One of the more frequently asked questions we get are how do I get my collateral back when a case is over? Once a case is over, the bond is then exonerated. After […]
Read More Bail Bond CollateralWhen a loved one ends up in jail, we’ll often make rash decisions. We want to do everything possible to get them out of jail as quickly as possible. We’re willing to take a certain amount of risk for the sake of the comfort of a loved one, and we make a call to a […]
Read More Don’t Fall into ForfeitureThe collateral will be returned once the licensed bail bond agent receives notification from the court that the bail bond has been discharged. The Bond Discharge document releases the bail bond agent from any further liability or responsibility on that particular bail bond or surety bond. This document traditionally takes anywhere between 7 to 10 […]
Read More Bail Bond Collateral, Bond CollateralCollateral can almost be anything such has your home, rental property, land, cash, bank CD’s, stocks, bonds, credit cards, boats, airplanes, helicopters, motorcycles, cars, trucks, buses, mobile homes, recreational vehicles, equipment, annuities, commodities, precious metals, and any other item that holds value. +Jeremiah Ozment
Read More Bail Bond Collateral, Bond CollateralCollateral can be anything that can be used to secure a surety bond or a bail bond. For collateral is required to secure the value of the bond. Collateral for an outstanding bail bond can be composed of almost anything as long as the resale value matches your bail bond amount. +Jeremiah Ozment
Read More Bail Bond Collateral, Bond Collateral