Many bail bonds will require collateral in order to be authenticated. Collateral is typically property, vehicles, and valuables that a person pledges to the bail bond company. The bail bonds company uses collateral as insurance. You see, the big thing about bail bonds over cash bonds is that a bail bond costs 90% less than […]
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Make Your Bail Bond Payment On Time With Your Tax Return You should be getting your tax return any day now and remember, because this is your money, you can certainly use it to help pay for bail. Using your tax return money towards a bail bond payment is 100% acceptable and legal. Remember that […]
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What Can You Offer For Collateral?
What Can You Offer For Collateral? 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 forms of collateral are […]