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No Collateral Bail Bonds: What Are They And How Do I Qualify To Get One?

No Collateral Bail BondsThe state of Florida allows Bail Bond Companies to offer a unique type of bond called a “No Collateral Bail Bond.”
No Collateral Bail Bond simply means that you are not being required to put up collateral. Collateral is anything of real value such as real estate or a car.
Instead, the defandent signs a promissory note and indemnity agreement for the full bail amount. This is also known as a signature bail bond.
A “no collateral” or “Signature” Bail Bond can also be very risky for the bail bondsman and the indemnitor (co-signer), If the defendant fails to appear, the courts will demand payment for the for bail amount. This would be the only time the full bail amount would ever come in question.

What Are The Qualifications For “No Collateral Bail Bonds”?

no collateral bail bondsHowever, getting a No Collateral Bond isn’t easy. A defendant has to meet a series of the qualifications to receive one.

Every bail bond situation is different and most bondsman will ask the same questions in the initial qualification process.

If you are a local person in Southwest Florida area you will may likely qualify. We offer no collateral bonds to family members and friends that are bailing out someone.

Defendants who live outside Florida or have a history of missing court.

Let’s face it, who wants to put up their house for a $5,000 bond! We specialize in the ability to post bonds that other bail bondsman demand collateral for.

BailOption Is Here To Help!

BailOption is your trusted partner to help you post bail fast and quiet as possible. Contact BailOption for a consultation. We will answer more questions about bail bond posting. We can also answer your questions about self incrimination. 

Have Police arrested you in Florida? BailOption is here for you. BailOption will not only post your initial bond but will help you with any increases you face as your case progresses. Give us a call today so that we may help you.

If you would like to learn more about how we can assist you, contact us today through the website.

You can also call us directly at (800) 524-0684.

BailOption representatives also speak Spanish!

Information detailed in this article is not construed as legal advice. The information provided in this article is for informational purposes only. 

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