URL details: msbonding.com/collateral-what-it
URL title:
Collateral... What Is It? | Mississippi Bonding Co.
URL description:
What is Collateral? Collateral is either money, property in the form of assignment of a mortgage, or some other valuable asset used to financially back up the rest of the bond in case the entire bond has to be paid by a bail bond agency because a defendant did not show up for court. For example: If a bond is $10,000.00, 10% of that $10,000 is called the premium charged to the
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