PHOENIX BAIL BONDS - COLLATERAL GUIDE
Most Arizona bail bond companies require
collateral for any size bond. Collateral is something a Phoenix bail bondsman
holds as security; it acts as a guarantee that the defendant goes to every one
of his/her hearings until the bond is "Exonerated". Collateral must have a value
at least equal to the bond amount.
Phoenix Bail Bonds uses wholesale price
valuations. This means we assign values similar to pawn shops. If a vehicle is
used, we price the vehicle with Kelley Blue Book using "Trade in Values", Fair
Price.
Cars can't be older than a ten years, they must be Arizona registered and
titled and they must be insured with "Comprehensive" insurance, so if you wreck
it, we are still covered. For bonds that are $10,000 or larger, we will hold on
to the vehicle. You may pre-qualify your vehicle here: https://www.kbb.com/
over, you get your money back (less fees).
$3,000. Less hassle, faster response and execution times and when the case is
Call Phoenix Bail Bonds
(602) 267-9057
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