Why We Might Request Collateral

Why We Might Request Collateral

Sometimes we will only ask you to pay a 10% fee in order to secure your bail bond. Other times we may ask for the 10% fee and some form of collateral. As a rule, we will only require that you present some form of collateral if we feel that you’re a high-risk case. This means that if your history, the type of charges you’re facing, and your connection to the community indicate that you might try to avoid a conviction, we will ask for collateral as an added incentive for you to stay in town and attend all of your court appearances.

The way our process works is that the initial contact we have with you is a free consultation. During this consultation, we’ll ask about the charges that have been filed against you, if you have a history of failure to appear in court charges, as well as some other questions that are designed to help us determine if we should ask for collateral.

Specific things we consider while deciding if you’ll need to present collateral include:

• How strong your community ties are
• If you’re currently employed and how long you’ve been employed
• If you have family that lives in the area and how close your connection is to them
• If your legal history indicates that you’ll make all your court dates
• Your credit history

 
If we feel that you’re a good risk and you’re not asking for what is considered a high bond, it’s likely that we won’t ask that you present us with some form of collateral. However, if you’re considered a high risk, we’ll ask for something. Don’t stress if you don’t have any valuable personal possessions, we’re happy to accept collateral from any friends or family members who are willing to help you out.

In addition to being flexible about the collateral, we also enjoy a reputation for being a bail bonds company that works with each client to come up with a payment plan that allows them to continue to pay for things like legal fees, rent, and groceries. We do this by providing zero-interest bail bonds and flexible payment programs.

The first step towards finding out if we’re the bail bonds company that’s right for you is a completely free consultation between yourself and one of the bail bond experts. The consultation provides you with the perfect platform to have all of your questions answered. When you contact Happy’s Bail Bonds in Bakersfield, you will enjoy outstanding customer service, compassion, and discretion. 

All you have to do is call 951-693-3311 or click the Chat With Us Now.