A common question asked of my office is where is the collateral held. First, let us go through the four types of collateral. 1. Cash Deposit When you are depositing cash, it is wired to the surety company, which holds it pending the resolution of the matter. The cash...
From time to time, clients ask about the procedure to deposit cash with the Court in lieu of a bond. Clients have turned to my office to answer questions on these matters. Since my office does not handle the actual payment of funds into the court nor do I have direct...
