What Are Bail Bonds?
Bail bonds are the insurance policy of a bail bond company. However, bail bonds guarantee that someone getting a bond will appear on their court date. If the arrested individual misses their court appearance, they must contact their bail bonds company to reinstate their bail bond.
What Can Bail Bondsman Accept for Collateral:
Bondsmen typically accept the property title of a home as collateral for those who want to secure their bond. However, the house provided cannot be under a mortgage to qualify.
Vehicles count as a great option for collateral: this is not limited to cars.
Hand the title deed of the land or its pink slip to the court or bail bonds agency. Let them hang onto it until they see you show up for your court date.
Jewelry, antiques, electronics, and other collectibles are all of value to surrender to a court. Or you can also use your bank account as collateral, but the money inside of it will be unavailable to withdraw until you or your loved one reaches the court date.
Getting A Bail Bond
If you’re thinking of hiring a bondsman, you’re in luck. There are numerous bail bondsmen with around-the-clock services. For example, both Dallas Bail Bonds and Huggins 24-Hour Bail Bonds offer the services to keep your loved one out of jail and on bail through the entire court proceedings.