No Collateral Required For Most Bonds
No Collateral Required PDF Print E-mail

NO COLLATERAL BAIL BONDS

WHAT IS COLLATERAL

Collateral is something of value that is used to secure a debt or ensure payment. Most bail bond companies will take collateral to ensure a defendant makes their appearance in court or to guarantee the premium on Once a case has been resolved, the bail company must return your collateral.

At 1st Choice Bail Bonds, collateral is generally not required for most bail bonds. We write most bail as "signature bonds" meaning the nature of the case and your good credit history and stability in the community leads us to believe we do not need collateral.

IS COLLATERAL REQUIRED?

Bail written without collateral is called a signature bond.  At 1st Choice Bail Bonds, most of our clients qualify for signature bonds.  This allows us great flexibility in helping you get your loved one home as quickly as possible.  The application process is quick and straight forward.

As part of the bail bond process, we will need you to answer many questions for the bail application. We look at many factors such as the length of time living in California, employment situation, credit rating, character, type of crime, and other factors. These factors are considered for both the defendant and the indemnitor (person signing the bail bond). We do this so that we can determine risk and, hopefully, not require collateral.

If you're arranging a bond for a friend or family member, make sure you're aware of your bail bond indemnitor responsibility. By signing the bail agreement, you are obligating yourself to pay the entire amount of the bail bond if the defendant fails to appear in court and cannot be located.

WHEN IS BAIL BOND COLLATERAL RETURNED?

When the defendant’s case has been completed and all financial obligations are satisfied, collateral is returned to the individual who pledged it.

We realize that not everyone has a perfect background, but most of our customers find it easy to qualify for a signature bond. We also offer many payment options and our bail agents can help you
arrange an affordable bail bond that meets all the requirements of California law.