Could it happen to someone you care about? The reality is that more than 3 percent of the U.S.’ population find themselves under arrest every year. All of them face staying in jail unless they can arrange for bail.
Bail, simply put, are the assets a judge or court officer demands to release someone from jail with the promise to show up later to be tried or sentenced. That promise is called a bail bond, usually arranged for a fee through a bail bond agent such as bail bonds licking county oh.
If a person you love can’t “make bail”, you may qualify to co-sign the bail bond. You must be a U.S. citizen who’s lived in the area for the necessary time, with a stable job and good credit rating. The bail bond agent’s non-refundable fee usually runs 10 percent of the total bail amount. Expect to pay it in cash.
Responsibilities of Co-Signing a Bail Bond
By co-signing a bail bond, you promise the defendant will show up for all scheduled court appearances.
You also might have to pledge your own assets — cash, credit cards or property titles — to back up your promise. Bail bond agents often require this as a guarantee that the bail money they pledge to the court will be returned if your loved one refuses to appear.
The Bottom Line
Co-signing a bail bond contract is a real commitment. Don’t take it lightly, because you’re on the hook as soon as your loved one is released from jail. From that point on, it’s up to you to see to it that he or she makes it to court on time.
Nothing can throw someone into a panic faster than news that someone they love has been arrested. If it happens to you, having a reliable bail bond agent like bail bonds licking county oh explain the positives and pitfalls of co-signing a bail bond contract can make sure your decision is the best one for all concerned.