When someone cannot afford the cost of their bail, they rely on the assistance of a bail bond service to help them with this financial need. There is a fee for the service and the person requesting the help must also provide collateral worth at least as much as the required bail. The collateral is safe and remains the property of the original owner as long as the defendant appears in court as scheduled. Here is what type of collateral is allowed and how people can come up with the cost of the service fee.
What is Accepted
Homes and undeveloped property are common forms of collateral. Vehicles, boats and motorcycles are accepted if they have enough value. Both real estate and vehicles must be owned outright with no liens. Electronics, jewellery and artwork with a provable value are valid if it is possible to prove the ownership (provenance) of the item. Guns and investments like CDs and stocks and bonds are potentially eligible.
What is Rejected
Bail Bonds in Dekalb County cannot be provided, if the property or vehicle titles list multiple owners unless all of the owners are signing the contract. Real estate with no resale value is usually rejected. Any items that are not able to be proven as belonging to the person submitting them are not eligible. Structured settlement payments are also not a valid form of collateral.
How to Pay
People that live paycheck to paycheck often struggle to come up with a lump sum of money. There are a couple of options offered by some services to make it possible to cover the fee. Some offer convenient payment plans and accept credit cards. Discuss these options during the initial meeting to see if they are available.
Bail Bonds in Dekalb County are available from for-profit companies that keep the initial fee as payment for the help they provide. The contract reputable companies offer is clear and legally binding. Clients that follow the instructions in the contract do not lose any of their property or face unexpected charges. To learn more about the process and the cost, please visit the website or contact the service.