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Arrests, Searches, Warrants & Procedure : Includes Right to Counsel, Fifth Amendment Rights, Right to Trial by Jury, etc.
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Old 07-29-2007, 02:29 AM
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Join Date: Jul 2007
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How does bond work

What is the name of your state? LA

I was told first by a bondsman that it would cost $30,000 to get my son out on bail ($250,000 bail). But then i read at the jail that I could put up real estate for the amount and lose nothing. However, does that real estate have to be free of a mortgage? please advise.
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Old 07-29-2007, 09:16 AM
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However, does that real estate have to be free of a mortgage?
No, but, and this is a big but, if your son decides to disappear or do anything that could cause his bail to be revoked and the house is siezed, you will still be on the hook for the outstanding mortgage, plus you will also will also be liable for the costs associated with the siezure and sale of the home. Also, if the home sells at auction for less that the bail amount, the city/county/state may start attaching other property to settle the debt. A judge will also have to approve the deal too. Read the section of your mortgage agreement about civil forfeiture, then decide if you really want to accept such a risk.
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