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 »

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 the bail bond process?

The purpose of bail is to allow the release of a criminal defendant from jail while guaranteeing his appearance later in court. Bail is not applicable to all criminal defendants and charges.Bail Bo... Read More »

What is meant by bail bond?

A bail bond is a signed statement by a person arrested for a crime. It states that she will appear at all hearings and trials related to her case. If the accused fails to appear, she is liable for ... Read More »