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What Does It Mean To Collateralize A Bail Bond?

Posted on July 17, 2015 by spiralmode

Collateral on a bail bond is exactly what it sounds like. Collateral is the item or items that Jane must pledge in order to secure something (in this case, a bail bond for Johns release from jail). If all goes well, Jane get her collateral released back to her by the designated date. If something […]

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