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What is Collateral?
23 March 2013
Collateral 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
The post What is Collateral? appeared first on Cagle Bail Bonds.
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