California Bail Bonds
New $74-Million LAPD Jail Remains Locked
The LAPD began construction of the new 172,000 square-foot Metropolitan Detention Center four years ago with $70-million in public funds. However, today it’s still not being used.
The Los Angeles Police Department is still using the run-down and overpopulated Parker Center jail located in downtown LA. Due to the lack of [...]
What Happens To Property Collateral with Bail Bonds
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Video Name: What Happens To Property Collateral with Bail Bonds in California
Video Description: California bail bondsman Tonya Rynerson of Rynerson Bail Bonds explains what happens when property (California Real Estate) is put up as collateral for a bail bond anywhere in California. Property is returned once the bond is paid in full in most cases.
Video Date: January 2008
Video Transcript:
“Sometimes people ask if we keep collateral if the defendant doesn’t show up for court. When a defendant fails to appear in court and could not be brought back, the cosigner of the bail bond would be required to pay the entire amount of the bail. As soon as the bail is paid in full, we release the collateral lien.
If the cosigner does not have the money to pay the entire amount of the bail, we maintain a lien until the bond is paid in full. Although we have the legal right to foreclose on a property, at Rynerson Bail Bonds, we’re happy to say that we have never had to take that step.”
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