What You Need to Know Before You Cosign a Bail Bond
When someone you know and care about ends up in jail, your first instinct is to get them out as soon as possible.
During the process of getting the person out, you will likely need to cosign a bail bond. What exactly does this mean? And is it the right decision for you?
First, let’s get into what cosigning a bail bond means, and then we’ll offer some important things you need to know before you actually put the ink to paper.
When you cosign a bond, you are essentially signing a promissory note that says you will pay the amount of a bond if the accused person doesn’t show up for any of their court dates.
So, before you actually do this, ask yourself a couple of questions. First, can I trust the person I am helping to bail out of jail to show up for their court
The next question you should ask yourself is whether or not you can afford to pay the bond in full if the accuser does skip out on their court hearing. Depending on the crime that was committed, the bail can be set fairly high.
So, if you can’t afford to pay back the amount in full, then consider carefully whether or not you should cosign – unless you are absolutely certain the accused will be at their scheduled court date.
What You Need to Know About Cosigning a Bail Bond
Cosigning a bond is a big responsibility, so make sure you familiarize yourself with the following information:One you cosign the bond, the accused is immediately released from jail.
- When you cosign the bond and the premium has been paid, the bond will then be posted.
- It is the cosigner’s responsibility and duty to ensure that the person they bailed out appears for their court hearings and adheres to any other requirements of the bond.
- If the accused were to flee the area and not go to court, the cosigner can contact the bail bond company to inform them. As the cosigner, you are obligated to let them know where the person is, if you do in fact know. It is in your best interest to let them know, as once they are brought to jail they can begin efforts to get you off the bond.
It is the cosigner’s responsibility and duty to ensure that the person they bailed out appears for their court hearings and adheres to any other requirements of the bond.
If the accused were to flee the area and not go to court, the cosigner can contact the bail bond company to inform them. As the cosigner, you are obligated to let them know where the person is, if you do in fact know. It is in your best interest to let them know, as once they are brought to jail you will be able to get your bail money back.
It is also within the cosigners right to request specific stipulations attached the bond, including that the accused has to go to rehab or receive a mental health evaluation.
If you are concerned that the person you helped bail out will not appear in front of the court, you are well within your right to inform the bondsman. You can request that your bond
Contact Goldberg Bail Bonds For All your Bond Needs
If you or a loved one are in need of a bail bond in Minnesota, then look no further than Goldberg Bail Bonds. As one of the most reliable companies in the area, we’ll make sure that your friend or family member is out of jail and back home in no time as they await their arraignment.
For over 100 years, Goldberg Bail Bonds has provided competitively priced bail bonds to clients in need. Through our large network of licensed agents, we can quickly and efficiently arrange bail in any jail. We are available 24 hours a day – even on holidays and weekends.
Call 612-333-8111 today to get your loved one out of jail.
When the day of the trial comes, learn more about the difference between a private attorney and a public defender to see which one is right for your accused friend or family member.