WHAT DOES IT MEAN TO PUT YOUR HOUSE UP FOR BOND?

ABOUT BAIL

You may utilize your home or even a automobile as security for bond. To work out the equity in your home, look at your very most latest home loan costs.

One more possibility is to use a bank card. The bank card you utilize as collateral needs to possess a credit line that is greater than the bond quantity. Additionally, you must disclose the consent code to ensure that the bondsmen may recoup their losses. In addition, you should make certain that you can return the collateral once the hearing ends.

WHAT DOES IT MEAN TO PUT YOUR HOUSE UP FOR BOND?