Have you ever wondered how collateral works in the bail bond process? Watch the new "Frequently Asked Bail Bond Questions" from ExpertBail and learn everything you wanted to know about bail, but were afraid to ask.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.
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