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What is “collateral”?
Collateral is usually supplied by relatives and friends of the defendant (called an indemnitor/s) and provides added financial security to ensure that the defendant appears in court when he or she is supposed to. Collateral can be in the form of anything of financial value that is legally pledged to back up the promise that the defendant will appear on his or her appointed court date.
24/7 Federal, State, and Immigration Bonds in the State of Florida. Office in Miami.