collateral Tag

In order to complete a bail bond application, collateral is required. Collateral is pledged as security for payment. If the original payment or agreement is broken, than the collateral is forfeited from the owner to the person it is then owed to. The most common...

When it comes to making payments, a lot of bail bonds companies will want collateral, in case their clients stops paying. The collateral can be anything from a car to a house, it all depends on the value of the object and the price of...

When you need to bail a loved one out of jail, you need more than just professional help, you want hope. You want to know that you will see your friend or family member again soon. You want to know that you can actually afford...

Bail – determined by a judge, this is the amount of money a defendant will need to pay court in order to leave jail. Bond, or bail bond – a written contract from a professional bail agent to the court (acts as bail payment) with the...

The general consensus when someone is arrested and goes to jail is that their “life is over.” Of course that’s a figure of speech but considering the circumstances, it is taken quite seriously. But, you have the power to give a person their life back,...