SlideShare a Scribd company logo
1 of 2
Download to read offline
What Can Be Used as Collateral For Bail Bonds?
Winding up in a jail cell after making a stupid mistake may be one of the most
miserable experiences of your life. In this moment, you have lost your freedom, and
have been robbed of the ability to go home and see your family and friends.
Some people choose this, though, when they hear the amount of their bail – these
individuals automatically assume that the bail system is cash only. But if you find
yourself locked up for a day, don’t give up hope – there are certain items you can
offer as collateral for a bail bond that will have you walking the streets in no time.
Getting a Bail Bond
When you call a reputable bail bond agent to secure a bond for your release, they
will help you seek freedom, but under certain conditions. 10 percent of the original
bail amount is generally taken as a non-refundable fee, with the rest of the money
being posted to the court by the agent as a surety bond. But the agent will ask for
collateral from you or a co-signer, though, in order to ensure they have the ability to
collect if you decide to not show up to your hearing. And if you don’t have enough
cash on hand, there are certain things that will work well in its place:
 An unencumbered property – this acts as one of the best pieces of collateral.
In this case, you are forced to give over a land or property lien to your bail
agent. Depending on whether or not you show up to your hearing, the agent
will either return it to you, or liquidate it to recover any damages due to your
absence.
 A car, boat, motor home, or other vehicle – these are also commonly used as
collateral, yet they must be automatically surrendered to the bail agent upon
use. The agent will then hold these items in a safe place until the
commencement of your hearing.
 Personal items – do you have any jewelry lying around? How about stereos,
TVs, or other electronic equipment? These can all be used as collateral for a
bail bond, as long as their current value is accepted by the agency. Individual
agents will accept different items, and it is important to check with your
bondsman before assuming what you have will be useful as collateral.
Items That Won’t Work
While the previous objects all work well, there are still some similar items that will
usually be refused:
 A house on which you are paying mortgage – this is rarely accepted, and
when it is it still takes a bit of time to process and transfer.
 A car that is not paid off – if you don’t yet possess the title of the car, it can’t
be accepted as collateral.
 Any item owned on credit – most agents don’t want to deal with collateral
that isn’t truly owned by the incarcerated. Make sure you own your collateral
before you offer it up in exchange.
Get Out of Jail Today
Don’t spend any more time in jail than you have to – as long as you possess some
type of collateral, you can speak to a bail bond agent today to get out of your cell and
back on the road to see your family.

More Related Content

Featured

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by HubspotMarius Sescu
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

What can be used as collateral for bail bonds

  • 1. What Can Be Used as Collateral For Bail Bonds? Winding up in a jail cell after making a stupid mistake may be one of the most miserable experiences of your life. In this moment, you have lost your freedom, and have been robbed of the ability to go home and see your family and friends. Some people choose this, though, when they hear the amount of their bail – these individuals automatically assume that the bail system is cash only. But if you find yourself locked up for a day, don’t give up hope – there are certain items you can offer as collateral for a bail bond that will have you walking the streets in no time. Getting a Bail Bond When you call a reputable bail bond agent to secure a bond for your release, they will help you seek freedom, but under certain conditions. 10 percent of the original bail amount is generally taken as a non-refundable fee, with the rest of the money being posted to the court by the agent as a surety bond. But the agent will ask for collateral from you or a co-signer, though, in order to ensure they have the ability to collect if you decide to not show up to your hearing. And if you don’t have enough cash on hand, there are certain things that will work well in its place:  An unencumbered property – this acts as one of the best pieces of collateral. In this case, you are forced to give over a land or property lien to your bail agent. Depending on whether or not you show up to your hearing, the agent will either return it to you, or liquidate it to recover any damages due to your absence.  A car, boat, motor home, or other vehicle – these are also commonly used as collateral, yet they must be automatically surrendered to the bail agent upon use. The agent will then hold these items in a safe place until the commencement of your hearing.  Personal items – do you have any jewelry lying around? How about stereos, TVs, or other electronic equipment? These can all be used as collateral for a
  • 2. bail bond, as long as their current value is accepted by the agency. Individual agents will accept different items, and it is important to check with your bondsman before assuming what you have will be useful as collateral. Items That Won’t Work While the previous objects all work well, there are still some similar items that will usually be refused:  A house on which you are paying mortgage – this is rarely accepted, and when it is it still takes a bit of time to process and transfer.  A car that is not paid off – if you don’t yet possess the title of the car, it can’t be accepted as collateral.  Any item owned on credit – most agents don’t want to deal with collateral that isn’t truly owned by the incarcerated. Make sure you own your collateral before you offer it up in exchange. Get Out of Jail Today Don’t spend any more time in jail than you have to – as long as you possess some type of collateral, you can speak to a bail bond agent today to get out of your cell and back on the road to see your family.