How does the bail bond collateral process work?
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expertbail
28 Views • Dec 16, 2010
Description
How does the bail bond collateral process work?Sometimes the bail agent will require collateral to secure the guarantee of the bond and ensure the defendant's appearance in court. Collateral is anything of value that is pledged to secure the bond, such as cash, property, jewelry, etc. Upon complete resolution of the defendant's case and payment of all premiums in full, the collateral is returned to the indemnitor.When do I get my collateral back?In most cases, collateral is returned to the defendant upon discharge or exoneration of the bail bond.ExpertBail is the only true National Bail Bond Network. With bail bond agents in every state that bail can be written, the ExpertBail Network of Agents can service your needs no matter where you or the defendant is located.
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