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What is Collateral in a Bail Bond?

A bail bondsman often requires collateral in addition to 10% of the total bail. Collateral can be a plot of land, a house, a business, stocks or bonds, a life insurance policy, a vehicle, cash or jewelry. View the slideshow to know more.<br><br>For more information:<br> Call: 484-268-5663 <br>Email: info@applebailbonds.net.<br>Visit our website: http://www.applebailbonds.net <br>

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What is Collateral in a Bail Bond?

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  1. What is Collateral in a Bail Bond?

  2. A bail bondsman often requires collateral in addition to 10% of the total bail.

  3. Collateral can be a plot of land, a house, a business, stocks or bonds, a life insurance policy, a vehicle, cash or jewellery.

  4. Collateral is returned to whoever provided it once the case is concluded and the surety bond is dissolved.

  5. Collateral is forfeited if the defendant leaves town. For example, if someone’s house is put up as collateral and the defendant disappears, the house can be seized.

  6. Do You Need A Bail Bondsman? Contact Apple Bail Bonds. • If you or a loved one is in jail and in need of a bail bondsman, we can help. We understand how it feels to be in jail or see a loved one in jail. • We are experienced, reliable and we are open 24 hours a day. You can count on us.

  7. Contact Us Apple Bail Bonds 484-268-5663 or 610-432-1222 info@applebailbonds.net www.applebailbonds.net

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