09 May What You Can Use as Bail Bond Collateral
Posted at 17:54h
in Arleta Bail Bonds, Balboa Bail Bonds, Canoga Park Bail Bonds, Chatsworth Bail Bonds, North Hills Bail Bonds, San Fernando Valley Bail Bonds
Collateral is a term used to cover something that is pledged as security for repayment of a loan. Collateral is forfeited in the event that the original payment for the loan does not occur. You may be familiar with the concept of collateral for bank...