Monday, April 16, 2007

Former bondsman's property sale on hold Business: "The Bexar County district attorney's office has delayed the foreclosure sale of hundreds of properties belonging to Emerson Vance, formerly one of San Antonio's most successful bail bondsmen.

The vast real estate portfolio he used as collateral to issue bonds to criminal defendants still will be sold, though, said Adriana Biggs, the head of the white-collar crime division at the DA's office.

Vance owes the county $3.7 million for people who jumped bail.

Properties up for auction will include vacant lots, commercial property, multifamily units and single-family homes. More than 30 were scheduled for auction Tuesday but were withdrawn because they weren't drawing enough investor attention on their own, Biggs said."

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