Using Collateral to Help Secure Bail

Using Collateral to Help Secure Bail

In some situations, bail is nothing more than a signature on a piece of paper. In other cases, a judge sets a bail that is six figures, way more than you can ever hope to pay.

San Francisco Bail Bond Store is a local bail bonds business that has the resources needed to cover your bail when you simply can’t afford to. All we ask is that you pay us 10%, which we keep. Once you’ve come up with 10% of the bail, we pay the additional 90% and you’re released from jail. When your case reaches its conclusion, we get to keep the 10% you paid.

San Francisco Bail Bond Store is a family-owned bail bonds company. We’ve worked hard to hone a reputation for providing discrete and fair services for each of our clients. We understand that a one size fits all approach to bail doesn’t work. You are a unique person with unique needs. Our desire to help as many people as possible cover their bail prompted us to create flexible bail bonds plans. Our program includes:

  • Flexible payment plans
  • No hidden fees
  • 0% Interest payment plans
  • No collateral with a working signer

The problem some people run into when they’re trying to cover bail is that they lack the credit history of financial means to meet our needs. That doesn’t mean you’re out of luck. It just means we have to work even harder to come up with a plan that works for both you and us. In many cases, that means you provide some sort of collateral.

The point of collateral is that it provides us with a little security. If you default on your bail bonds payments or if you fail to appear in court and forfeit your bail, we get to keep whatever you signed over as collateral.
Items people use as collateral when they sign a bail contract includes:

  • Real estate
  • Vehicles
  • Electronic equipment
  • Guns
  • Jewelry

To use something as collateral, you have to prove both its value and that you own the item. We can’t accept anything that you’re still paying for, such as a mortgaged house. Once the case has made it through the court system and the court returns our money, we return the item to you.

Want to learn more about San Francisco Bail Bond Store? Contact us for a free consultation. Feel free to click the Chat With Us link or give us a call at 510-444-4091.