In part one of this two-part blog series, we went over some of the basics of co-signers for a bail bond. Vital for providing additional financial backing and assurance to both the court and the bail bondsman posting bond for a given detainee, co-signers are an important piece of many bail bond posting processes.
At Beehive Bail Bonds, we offer 24/7 bail bond services to anyone who has recently been detained, and are happy to assist with any and all areas of the co-signing process. In today’s part two, we’ll go over a few areas potential co-signers need to think about before signing anything, including some fees involved, what happens if the defendant does not appear for their required court date, and more.
For starters, it’s important for co-signers to be aware of the small fee amounts that will not be refundable even if the defendant appears properly. Bail bond company fees are usually around 10% of the total amount, though this will vary. This amount needs to be paid in cash in most cases, and is generally not refundable.
In addition, co-signers need to be fully aware of what happens in a situation where the defendant they are co-signing for fails to show up for their required court appearances. Some of the fallout here may include:
Some general factors to consider before you co-sign a bail bond for someone else:
For more on co-signing bail bonds, or to learn about any of our bail bond agent services in Summit County and throughout the nation, speak to the staff at Beehive Bail Bonds today.