What is collateral for a bail bond?

Answer A bail bond company may require collateral (something of value) to guarantee that a defendant will show up in court. The most common forms of bail bond collateral are real estate and cash. Once a c... Read More »

Top Q&A For: What is collateral for a bail bond

Can I Get a Surety Bond to Use as Collateral for a Loan?

Loans issued to individuals can be split into two types: secured and unsecured. A secured loan is a loan backed by some kind of collateral. This means that if the borrower defaults on the loan, the... Read More »

How much do I pay for a bail bond of $25,000?

What you pay for a bail bond of $25,000 depends on whether your bond is for a state or federal crime. For a federal bond you will pay 15 percent of $25,000 or $3,750. If it is a state bond the paym... Read More »

What exactly is a bail bond?

The Free Dictionary explains that a bail bond is a written document that allows a defendant to leave prison on the pledge that he will return to face trial at a specified date. The defendant promis... Read More »

What is a bail bond hearing?

A bail bond hearing, or arraignment, is the accused person's first appearance in court after being arrested. The judge will decide only whether to set bail and the amount of bail.BeginningIn the co... Read More »