For many that find themselves with cases in courts, the bail bonds fast emerge as God-sent. Having the option of getting out of the jail system while your case is on-going is quite advantageous as it allows you to continue somewhat living your life.
However, more often than not, people have found themselves unable to come up with the money to use as collateral. In such scenarios, people fail to secure their freedom as the case is on-going. Ideally, this should not be the case as there are other options to the traditional monetary collateral. Herein, we look at some of the ways to get bail if one does not have the traditional insurance in the traditional sense.
Use Of Vehicles – Many people know that they can use their houses as collateral, where they sign the deed to a particular property as the collateral. Similarly, you can use your vehicle as collateral to secure your bond. If you are cash-strapped and in need of bail bond you can opt to sign your car to the bail agency, thus use it as an alternative to cash.
Use Of Valuable As A Collateral Alternative – Another option to cash collateral that you can use are valuable. Many bail bonds agencies will accept valuables to be used as collateral. In this regard, pawn-able items such as gold, diamond, rings, and other jewelry are the best things to use.
The attractive aspect of using these items as collateral is that the impact of losing them is significantly lower as compared to losing your house or car. Aside from the sentimental value that some of the items may hold, losing them is not quite as bad as it is missing other things of value. However, such collateral is best used when the bail is small amounts.
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