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Most people who call fall into one
of the following categories.
See which one best fits you:
I HAVE THE PREMIUM AND THE COLLATERAL
You can pay the premium however you want, cash, check or credit
card. Let us know how much the bail is and what you have
for collateral. If you don’t know how much the bail
is we will find out for you and take care of things from there. Depending
on how much the bail is and what the charges are, you might not
need collateral. We’ll let you know and do what we
can to make the process as pleasant and easy as we can for you. Let
us know if you have any special needs or concerns.
I HAVE THE PREMIUM BUT NO COLLATERAL
The premium is usually paid by cash, credit card or check. If
you pay the premium in full up front before the bond is posted
and are able to supply us with information to complete our application,
there’s a good chance we won’t require collateral for
bonds under $100,000. The best thing to do is call us and
we can get things started for you. If you don’t already
know how much the bail is, we’ll find out for you. We
will also find out what charges the person was arrested for and
when their arraignment will be (first court date).
I HAVE NO MONEY BUT I OWN A HOME
If your home has sufficient equity (what the home is worth minus
what is owed against it) to cover the amount of the bail bond
plus the premium amount being borrowed we can usually work something
out. All parties on title must be willing and able to sign
the Trust Deed, Bail Bond Agreement and other documents relating
to the transaction. This option usually works for people
when they know they will be getting money from say a tax refund,
settlement of some kind, cashing in a 401k or they know they
have sufficient income to make the monthly payments that have
been agreed upon. If you would like to learn more about
how this would work feel free to give us a call and we will be
happy to explain it further and answer any questions you may
have without any pressure or obligation.
I HAVE SOME MONEY AND SOME COLLATERAL
The more information we have about your financial situation, the
better we can help you. If the collateral you have is your
home, no problem. We are extremely flexible on how we set
up payments. There is no set way it has to be. We
are usually able to accommodate our clients’ requests for
payment amount and frequency.
If you are thinking of using a vehicle for
collateral it has to meet certain requirements. First off, it has to be paid for. If
you are still making payments on it the bank is the legal owner
and we will not be able to use it for collateral. We will
need the Certificate of Title and it will need to be signed over
to us. The legal owner will need to be present to sign the
Bail Bond Agreement and other documents. The vehicle must
be running and in good condition. Generally it will have
to be a 2000 year model or newer depending on the make. We
will need to see the vehicle.
Whether or not we can help will depend on the
co-signer’s
credit, how much money will be put down, how much the car is worth,
how big the bond is and many other things.
Houses and vehicles are the two main things
people use for collateral. If
you have some other item of substantial value that you would like
to use for collateral let us know and we can tell you if it is
something we would be able to hold for collateral or not.
I HAVE NO MONEY AND NO COLLATERAL
If you don’t have any money and don’t own a home or
other substantial asset, the best thing you can do is talk to friends
and family of the person in jail to see if they have any money
or collateral that they would be willing to use to help bail the
person out of jail. The money and collateral doesn’t
have to come from just one person. It can come from several
people. We can have several Indemnitors on a bail bond. We
want to help you, but we have to have something to work with.
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