Collateral, Bond, what happens to the property?

The bondsman takes the right to place a secured lien against the pledged property in the event the bail skips. If they skip, the bondsman has a lien on the property as security that he will be reimbursed. IN some states he can forclose on the property he has the secured interest in and sell. Don't have to leave the country to default on bail and stick a bail bondsman with a default that they will have to make good.