Large Phoenix Bail Bonds

LARGE BAIL BONDS

Trying to bail a friend or family member out of the Maricopa County Jail can be an intimidating proposition, but when the court makes it a large bond, it becomes overwhelming. Before going down the road of calling bondsman after bondsman, take inventory of what you have available for cash and property. You will need two things:

1. You have to pay a 10% fee, plus expenses; the fee is non-refundable and represents the minimum amount of dollars you will have to come up with to buy the bond.
2. The property requirement, also referred to as collateral, is any asset with a value equal to, or greater than the bond amount. Main stream bondsman require collateral and the larger the bond the more important it becomes. The most common asset used for collateral with large bonds is real estate. however: cash can be collateral.

When you begin calling around trying to select a bondsman, find one that can clearly explain what is needed to put your bond together; find someone you can relate with. Fees and collateral requirements are standard, so find someone that makes you feel comfortable and has been in the business for years. Maricopa County Bail Bonds https:maricopacountybailbonds.com Office: (602) 258-4488


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Collateral Guide

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).

Phoenix Bail Bonds encourages the use of cash collateral or credit cards for all bonds under

$3,000. Less hassle, faster response and execution times and when the case is

Call Phoenix Bail Bonds

(602) 267-9057

We are the original Phoenix Bail Bonds company.  

Original article:
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