All About Collateral
Bail bonds offer a more affordable way to post bail for someone who has been held by a court, and a common feature is the inclusion of collateral as a condition for securing the bond. In other words, not only are you paying the percentage of the bail required by the bondsman, but you're also signing over something that the bond company will hold onto (or will hold onto on paper, in certain cases) until after the case is complete.
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