From The Blog
If you’re arrested and need to post bail to get out of jail, you have a few options. If you don’t have enough money for bail or a bond but you own a home, you can use that as collateral to get out of jail. It’s called a property bond. A property bond is a bond that uses a valuable property, such as your home, to post bond instead of cash. Property bonds can be equity in a person’s home, commercial building, or vacation home.
Bail or Bond?
For many people who are arrested, bail is set too high to be able to afford. It is, after all, meant to be high enough so you wouldn’t want to skip out on bail and lose it. But for others, it’s not out of reach and they can tap into their savings and pay the full amount of bail and get it back after they’ve shown up in court. No matter the outcome―acquittal, guilty, or the case was dropped―bail will be returned to the defendant. Should you post the bail yourself or use a bail bond agent?
Bail Bonds: The Basics
Nobody ever wants to be arrested but it happens and you could find yourself one day behind bars wondering what you’re supposed to do next. Or you could get a phone call in the middle of the night from a loved one who has been arrested and needs your help to get out of jail. Knowing a little about how the process works can make things go more smoothly and get the ball rolling faster on your release.