My friend was arrested and they’re being held at the Imperial County Jail. His bail has been set pretty high—the jailer told us it’s $200,000. My concern is that I rent and don’t own property. Will I be able to get them out without putting up collateral? If I do need collateral will I be able to put up my car?
Yes, you will need to post collateral on a $200,000 bail bond but unfortunately, a car would not be sufficient collateral on a $200,000 because the amount of collateral posted would need to be valued at $200,000. In this type of case the bondsman will ask if there is anyone who owns real property. Is the defendant’s family available to help? Do they have siblings, aunts, uncles or parents who own a house or condo? If they do have relatives that are able to help, but they live in out of county (or even out of state) there are still ways for the bondsman to help put the defendant’s bail bonds together. If you have further questions about how bail bonds collateral works call our office today at 888-224-5266 to speak directly with a licensed bondsman.