What Happens When you Co-Sign for a Bail Bond
Learning a loved one has been arrested is a shocking experience. Most people have a knee-jerk reaction that compels them to say that they will do anything to help out, including serving as a co-signer for the bail bond. The problem is that many people agree to do this without first finding out exactly what their duties as co-signer really are.
As your loved one’s co-signer, you’ll have to sign a bail bond agreement. This agreement is more formally called an indemnity agreement. This agreement clearly lays out how much bail is required, information about our 10% fee, the terms connected to your loved one’s bail, and if collateral is needed what type is used to secure the bail bonds. If we’ve agreed to a payment plan, that will also be discussed in the bail bond agreement that you and your loved one sign.
In addition to co-signing the indemnity agreement, you’ll also be responsible for:
- Making sure our non-refundable fee is paid as well as covering additional expenses we might accrue on your loved one’s behalf
- Make sure that everything you tell us about both yourself and your loved one is 100% truthful
- Helping us make sure your loved one follows the condition of their bail.
In order for us to accept you as a co-signer for your loved one’s bail bond, you must:
- Be at least 18 years old
- Have proof of a stable income
- Have a satisfactory credit score
If you want to know more about the California bail bond program and what it means to be a co-signer for a bail bond, you should take advantage of our free consultation program that’s available 24/7. During this consultation, you’ll speak to a highly experienced bail bonds expert who will happily help you decide what your best course of action should be.
Call Us Now Get Them Out Quickly! Call (408) 883-3907 To Get Started.