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

[info-moetry]

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.

 

[I'm Becoming Me]

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.

 

[skuderjaymes]

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..

 

[hablaespanola]

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.

 

[Hermetic]

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.