Collateral for Bail Bonds: What Can Be Used?

When someone is arrested and charged with a crime, they may need to post bail to secure their release from custody. Bail is a financial guarantee that the defendant will appear in court for their scheduled hearings. Because some people lack the funds readily available to pay their bail in full, bail bonds can be used to help them. A bail bond is a financial agreement facilitated by a bail bondsman, granting defendants temporary release from jail pending their trial.