Questions About Kidswell Bail Bonds Collateral: Things you should know
Kidswell bail bonds are dedicated to ensuring a defendant’s release by bail, but they do so with caution. Suspects jumping bail and failing to appear in court is a common occurrence. Therefore, as a means to prevent against future bail out by a suspect, extra precautionary action like bail bonds collateral is demanded as a prerequisite for bail. One of the dilemma that is consistent with raising collateral as a form of security is the fear of potential lose of the asset. The fear is further heightened if the collateral is offered by a representative of the suspect. A lot of guts and trusting goes into the collateral procedure. As a way of reducing your fear (if you are representing a suspect) here are things you should know that would allay your fears.
What is the possibility of getting my asset back?
If your fear of getting your collateral back is based on trust issues towards bail bondsman, then, the answer is yes. You will get your asset back. Because all bondman are licensed and therefore regulated by court of law, know that getting you asset back has a backing of the state. On the other hand, if the suspect absconds and does not show up, you may lose your asset. So, be sure the person you are representing is worthy of your trust.
Does every bond requires a collateral
Not every bail bonds require collateral; you will have to find the state that allows bonds without collateral; a careful search online will lead you to one.
When is the collateral returned?
Collateral is usually returned when a case is completed. And it does not matter if the person was found guilty or innocent in court. As long as the suspect fulfills the obligatory duties upon which the collateral was demanded in the first place. However, if a premium placed when a bonds agent was hired is unpaid, the assets will not be returned in full. The premium is discussed between the arrested party and the bonds agent.
Kisdwell bail bonds collateral is demanded as an extra security against the event of a possible bail jump by a suspect. Before placing a collateral bond it is good to ask questions like the ones in this article.