3 Items Bondsmen Take As Collateral

If your loved one is in jail, you are probably trying to figure out what you are going to do to get them out. Even though they have a bond, you still have to come up with the cash to get them out. That is, unless you turn to the help of a bail bondsman. They can help reduce the amount of money you have to spend out of your own pocket by using various items as collateral. To help you determine what items you can use as collateral, here are three common items bondsmen are often willing to take.

Jewelry, Furs or Firearms

If you have any firearms, valuable furs or jewelry, you can easily use those as collateral for a bond. You simply bring the items with you and the bondsman holds onto them until after the case is done and closed. Regardless of whether they are convicted or not, you will receive the items back as long as they go to all of their hearings as scheduled.

Land or Property

If the bond is a larger amount, you can often put up the deed to land or your home as collateral. This only works if you have equity in the property. They aren't going to take it if you owe a lot of money on the item and they cannot recover their funds if the individual skips out on the hearings.

Vehicles

For those who have a vehicle paid off, you can often give the bondsmen the title to it as collateral on the bond. During the trial, you continue to drive the vehicle. When all is said and done, they give you the title back and you move on. You want to make sure the individual goes to all of their hearings as scheduled. Otherwise, the bondsman has the right to come in and take the item from you as payment on the bond.

If you have any of the items above, you can easily work with a bail bondsmen to get your loved one out of jail on a bond. The whole process is pretty quick and simple. They just need you to bring the proper documents or items with you when they meet you at the jail. Before you know it, your loved one is back out and you can continue to handle the case together. Don't waste time waiting around. Call a bail bondsman like All-Mobile Bail Bonds today.


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