One of the most common questions we get at the Bail Hotline is, do I need collateral? The short answer is maybe. We have done million dollar bonds with just a signature, and we have done $50,000 bonds with three co-signers…so it really depends.
Here are some factors that would probably work in your favor and most likely, you wouldn’t need collateral:
1. You have an attorney
2. You own your own home
3. You have been in the area for a long time
4. You have good credit
Remember, bail is paid as a guarantee that you will show-up to court. The lower the risk, the lower the need for collateral. If you have more questions give us a call at 888-GET-BAIL.
