Property Bonds Can Help Gain The Release Of A Loved One

Facing criminal charges can be nerve-wracking. If a loved one is in jail following an arrest, the natural first response is determining how to get the person released. The attorneys at Macht & Schechet, PLLC, in Asheville, help gain the release of people awaiting trial through the use of bail bonds.

In some cases, a bond is set at an amount the accused and his or her loved ones cannot afford. When this occurs, it may be possible to post a property bond. This is the process of posting a home or other real estate as bond. The property value must be enough to cover the bond amount and the owner must have sufficient equity in the property to cover the full amount of the bond.

Understanding How Property Bonds Work

When a property bond is issued, the defendant is released and the court holds a claim on the property posted as bond until the defendant's court date. If the defendant fails to appear in court or otherwise breaks the conditions of the bond, the court can seize control of the posted property.

The court holds the property bond for the duration of a trial. Clearly, if you are posting property as a bond, it is important to have great trust in the individual for whom it is being posted.

Defendants, family or friends of defendants may post a property bond. Before a property bond is issued, the court must determine the legal owner of the property, the value of the property and the legal owner's equity in the property.

Ready To Help You Get A Loved One Released From Jail

There are multiple steps to bail someone out of jail by using a property bond. Our lawyers will help you navigate the process as we prepare to defend your loved one against all criminal charges. We represent residents throughout Buncombe County and throughout Western North Carolina. Call 828-252-0002 or use our online contact form to schedule a consultation.