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Will I Need Collateral On My Bond?

Bail amounts can often be quite expensive. Since paying the full bail amount can be a challenge, most people will usually hire a bail agent. When a person hires a bail agent, the agent agrees to post their bond in exchange for a 10-15% commission. As a way of ensuring your promise to appear in court, the bail agent may also ask you to sign over collateral.

What is Bail Collateral?

Collateral is a form of property like a house, a car, jewelry or even art that helps guarantee the defendant will show up for court. If the defendant does not appear in court, the bail agent can take them back to jail and they can lose any collateral that was signed over.

As long as the defendant agrees to the terms set by the bail agent and shows up for all their court dates, they shouldn’t have anything to worry about. Regardless of whether the defendant is found innocent or guilty, the bond is exonerated once the trial is over.

Find a Licensed, Professional Bail Bond Agent

Sportsmans Bail Bonds is ready to serve you with over 20 years of trustworthy, confidential service in Utah bail bonds. Trustworthy, reliable, confidential. Our agents are available 24/7 to help you get back on track, even on holidays. When you work with Sportsmans, you get the best bail bond service in Utah. You can count on us.

For more information about Bail Collateral, visit the AboutBail article here.