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Examples of Collateral That May Be Accepted by a Bail Bondsman in Tarrant County

A Bail Bondsman in Tarrant County may require collateral from customers if the defendant seems like a possible flight risk or if the bail amount is set quite high. The bonding agency risks being held responsible for the full cash bail if the defendant flees instead of appearing in court as scheduled. The customer also must pay a fee for the agency’s service.

Vehicle Titles

Several types of collateral may be acceptable to a Bail Bondsman in Tarrant County. Cash bail amounts vary widely depending on the charges from the prosecution and the opinion of the judge as to the defendant’s reliability. Bail might be set as low as $2,000, yet some men and women are unable to pay that amount in cash. However, they may be able to pay the service fee to the bonding agency and provide a vehicle title as collateral.

Jewelry and Electronics

Essentially, anything that is valuable enough to pay the cash bail could be used as collateral. If bail is $1,000, some valuable jewelry might be provided for the agency to hold until the case ends. The agent needs something that could be sold, perhaps at a pawn shop, for cash if the defendant takes flight. That might include an expensive camera, a computer, or a video game system. Some men and women who do not have enough in savings to pay bail may have one or more of these items.

The bond might be thought of as something like a loan for bail in this circumstance. Once the case is over, the collateral is returned to the customer as long as the defendant was responsible and did not miss any court appearances.

Relevant Statistics

Often, a family member or close friend of the defendant is the person arranging for the bond and providing collateral. They want to help their loved one return home and to work, and they trust the person not to run away. Statistics confirm that a very large majority of defendants released on bail or bond, or on their own recognizance, appear in court as required. An agency like Vaughn’s Cowtown Bail Bonds is ready to help. Contact us to get started.

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