More details to this question:
my son's is in county jail in s.c.for burglary bail is $25,000.00 a collateral bond is required could we lose our vehicle or our home that was used for the collateral ?
1 ANSWER
Aviation Law Attorney serving Mount Pleasant, SC
Partner at
J. Brooks Davis, Attorney at Law
2 Awards
Yes, that is the point of a collateral bond. If you put up your car or house as collateral on the bond and your son skips trial, the bond is kept and the bondsman could force the sale of your assests at a sheriff sale to recover the bond.
Answered on Sep 20th, 2015 at 6:58 PM