One misconception about El Centro bail bonds is that the person signing the contract must always post collateral. This isn’t always the case.
In some instances the El Centro bail bondsman you’re speaking with may be able to assist you with no collateral bail bonds. Also called “signature bonds”, this type of bond allows the signature of the person signing the contract to serve as promise enough the defendant will return to court when required. Not every El Centro bail bonds company offers this as an option. If you are interested in no collateral El Centro bail bonds be sure to ask your bondsman if they can assist you in this way.
If the El Centro bail bonds company does require collateral it will likely be required to be valued at 150% the value of the bond. If the person signing the contract is a California homeowner and they have equity in their property, one way to post collateral is by allowing the bondsman to put a lien on it. The lien will be removed after the bond has been paid for and after the defendant makes all of their required court appearances.
If a bond is considered to be “high risk” the El Centro bail bondsman you’re working with is likely to require collateral.
At Adelante Bail Bonds someone is available to speak with you 24-hours a day, 365-days a year. Call 760-230-0194 now to learn if you qualify for no collateral bail bonds.