Collateral in Bail Bonds: What You Need to Know

A small house lies on a fan of hundred dollar bills. The keys to the purchased house. Reduced copy of the house on a white background.

When someone is arrested, securing their release from jail typically involves posting bail. In many cases, a bail bond is obtained to cover the bail amount when the defendant or their family cannot pay the full amount upfront. Bail bond companies act as a surety, guaranteeing the defendant’s release for a fee — a certain […]