Information on Bail Bond Collateral in Arkansas
At First Step Bail Bond Co., we make the bail bond process easier to understand. Our experienced team will explain the required premium, collateral requirements, and applicable state fees, and guide you through the necessary steps to secure the bond. We're here to provide clear information and assistance throughout the process.
A Bail Bondsman Helps You Meet Collateral
When a person is booked and charged with an offense, the judge will post a bail amount. This amount is determined by the number of charges, the severity of the offenses, and other extenuating factors such as an existing criminal history. More often than not, the bond amount can exceed the amount of cash that the accused or their family members may have. That’s where our bail bondsman may assist you.
Collateral cannot be used toward the payment of a bail bond premium or as a partial payment. Any collateral provided is held only as security for the face amount of the bond and is not considered payment toward the bond premium or required fees.
For bail bonds in Arkansas, payment plans are not available. The required 10% premium, along with all applicable state fees, must be paid in full before our bail bond agent enters the jail to begin the release process.
Real Estate
A lien will be placed in the name of the bail bond company. The lien will be the amount of the bond.
Vehicles
Virtually any kind of automobile may be used as collateral, so long as the title is in the name of the defendant or the cosigner or the bond. The value of the vehicle must be worth at least the amount of the bond.
Personal Valuables
You can also offer valuable items like jewelry or artwork to satisfy the bail bond payment arrangements. This option may require working with an appraiser to determine the value of the things you are putting up for collateral.
If you feel overwhelmed about using real property or collecting rings to meet the bond amount, there is no need to worry. We accept most major credit cards. Altogether, we strive to provide many options to help people out during a troubling time.
Bailing out your friends and loved ones can give them time to settle their personal matters before appearing before the court. Contact our bail bond company to learn about bail bond payment options.
Collateral & Payment Requirements
We want to make our bail bond requirements as clear and straightforward as possible.
Collateral cannot be used toward the payment of a bail bond premium or as a partial payment. Any collateral provided is held only as security for the face amount of the bond and is not considered payment toward the bond premium or required fees.
For bail bonds in Arkansas, payment plans are not available. The required 10% premium, along with all applicable state fees, must be paid in full before our bail bond agent enters the jail to begin the release process.
To help avoid any delays, please make sure the required payment is completed in full before the release process begins.
Full payment is required before we can proceed with the bond.
