What is bail bond collateral?

Collateral is used to secure your full bond amount.  If the full bond amount is $25,000 and the bondsman only takes an upfront payment of 10%, we use the collateral to fallback on should the client not keep their obligations.  The collateral will be used to pay the full bond amount.  It is never our goal at Able Bail Bonds to obtain your home or your property.  Our goal is to secure our client’s release in a timely manner and for the client to appear in court as ordered by the state.  If you believe in your loved one and they appear in court at the required date and time, your home and/or property will never be in jeopardy.

What can be used as bail bond collateral?

Collateral is personal property owned free of liens that can be valued at the same amount as the bond that is being requested.  Any collateral that has value can be used to secure a bail bond.  Examples of collateral can be:

  • Houses
  • Cars
  • Motorcycles
  • Sports Vehicles
  • Campers
  • Gold
  • Coins
  • Jewelry
  • Electronic Equipment
  • Boats
  • Credit Cards
  • Signature

Houses that are financed can also be used as collateral.  The collateral is an incentive to the client to appear in court as ordered.  We do not accept collateral as payment of the 10% bond fee.  Only cash and credit cards are accepted for the bond fee.  (Payment plans are available based on employment)