You may be wondering if no collateral bail bonds (also known as signature bonds) exist. The answer is, yes, they do.
While not every bail bond company offers no collateral bail bonds, some agencies may be willing to offer them if they personally know the defendant or the defendant’s cosigner or if the defendant has an exemplary character.
Other agencies offer no collateral bail bonds more freely, requiring only that the defendant have a good credit score and a solid reputation.
Whether or not you can get a no collateral bail bond really depends on the agency in question, as there are no hard and fast rules that determine this.
With that said, most bail bond companies prefer getting collateral of some kind since this protects them from losing money if the defendant fails to meet all of the court’s requirements.
Forms of collateral include real estate, a vehicle, stock, bonds, jewelry, artwork, or any other item of value that a bail bond company could use to recoup their losses in the event the defendant skips bail.
If you are in need of a bail bond and would like to know more about how we handle issues with collateral, our customer-friendly staff would be happy to answer any questions you might have. You can call us anytime at (702) 333-2663. We are available 24/7.
If you need a bail bond right now and want to submit an application, then check out our online bail bonds application page.
More About No Collateral Bail Bonds
A no collateral bail bond is a type of unsecured bond that is generally high-risk. However, collateral bonds are not without provisions.
Sometimes, no collateral bonds will have a provision that requires you to pay a predetermined amount of money if you fail to abide by the conditions of the bond.
What the conditions are and what you would have to pay are subject to question, which is why we recommend that you do not sign an unsecured bail bond agreement with a bail bond company unless you trust them and have looked closely at your contract.
Get Expert Advice From A Licensed Las Vegas Bail Bond Company
We understand that bail can be costly and that not everyone has the capacity to pay their bail bond in cash. This is why we offer flexible payment plans on your bail bond premium that are smartly designed to fit your budget.
Are you interested in getting a no collateral bail bond? Call us at 702-333-2663, and we can discuss your options with you.