Law Forum : Would You Put Your Home Up For Bail / Bond

Discussion in 'Law Forum - Prisons - Gun Ownership' started by Destee, May 25, 2009.

  1. info-moetry

    info-moetry STAFF STAFF

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    Peace

    It would depend on who it was and the type of crime.

    To need to put up a house is usually due to a felony charge and repeat offender. So the chances would be slim to none.
     
  2. I'm Becoming Me

    I'm Becoming Me Well-Known Member MEMBER

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    No ma'am.

    If I had kids and they needed it it's still a big no no. Mama would love the baby to death, but mama won't be on street because of foolishness. :censored:
     
  3. skuderjaymes

    skuderjaymes Contextualizer Synthesizer MEMBER

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    would I?

    Depends on the property.. and also.. who the someone is..
    remember.. folks lose all kinds of things in Jail.. things not easily regained.. including Jobs.. property.. sanity.. etc..
     
  4. hablaespanola

    hablaespanola New Member MEMBER

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    To secure a Bail Bond, most bail companies require some form of collateral as proof that you can pay if the terms of the bail are violated. Depending on the amount of the bail, the bail company might require you to use your house as collateral. Even if you have other assets that could pay off the bail, many bail companies prefer the security of having real estate as collateral.
     
  5. Hermetic

    Hermetic Well-Known Member MEMBER

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    No, because I keep money in reserve just for emergencies like this. Even then, I only help out family members who I am certain are innocent. I will not enable someone's propensity towards illegal actions no matter my relation to the person.
     
  6. Damaris Sheldon

    Damaris Sheldon Banned MEMBER

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    When I was finally allowed to hang out with friends or schoolmates my mom & dad made it quite clear to me that only because I'm all they have they'd post cash bail or secure a surety bond for me "ONE" time & "ONLY" one time & my bail would be paid back in full, my dad sat me down out of moms earshot & told me if I ever committed the same crime (Whatever it would be) again, I would be completely disowned, cut off & rendered completely homeless & if any of our relatives took me in they would have absolutely nothing to do with them either. This along with my morale values, love for the LORD, my character & respect for the law of the land, the Constitution & The Bill of Rights keeps me on even keel. I do have temptations because I'm young but my inner strength redirects my thoughts.

    As for me, I don't.

    1. Post bail
    2. Cosign loans
    3. Lend money
    4. Enter into financial or business partnerships with non family members.
     
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