Important things to know before signing a bail bond

Nothing is more troublesome and fearful then finding your kids, parents or someone closer arrested or booked into jail. You start panicking and think what happened, why it happened and what could be next? Then you think- how can I help them? The very first thing you can do is to hire a bail bond agent and get your loved one out of the jail. Before fully committing yourself to it, you need to know one thing- Co-signing a bail bond is not a small thing. It is critical for anyone to understand the rights and risks associated with such agreements.

The Bail Bonds Near Me might require you to put forward some sort of collateral, a property, a car or anything. Collateral is some sort of guarantee used by the bondsman so that they can recover their expenses in case your loved ones or the arrested person fails to show up for court. While many people assume that co-signing a bail contract leaves them in helpless situation- it’s not so! You have a number of rights to protect yourself though the process. Here are a few things you need to know before you sign a bail bond-

1.       You agree that defendant will appear in court- Signing a bail bond means you are going to bat yourself for your loved ones. It involves risk to some extent. After all, your collateral and credit are at stake. If the defendant fails to appear in the court, it can cause you problem. 

2.       You also agree to pay for the services of bond agent- Co-signers have the option to pay the bondsman either upfront or arrange a proper payment plan. The fee of bondman varies from one company to another.

3.       The defendant will be released from the jail- the primary and only reason for posting bail is to get your loved one out of the ail. If you have any concerns regarding the release of your loved one- be sure to discuss with the agent. They will be able to clarify each and every concern regarding the potential loss of credit, assets or collateral.

4.       You can request stipulations- Most of the co-signers fail to realize this right of theirs. As per the agreement, you can request stipulations associated with the defendant’s term of release.

5.       You have the right to return the accused to the jail- While you might be surprised to know this but it can happen. No one would ever want to help law enforcement personnel put their loved ones back to jail. But sometimes, situations can lead you do this.

For example, your loved ones have been arrested on DUI charges and you pay the bondsman for their release. The defendant will be released for the time being. You are aware that they have problem with drugs or alcohol. And as soon as they are released, they return back to their lifestyle of substance and alcohol abuse. Now you may wonder that your credit will take turn for worse if they are not able to show up for court which is not fair! Here you can cancel the bond with the help of Bail Bonds agent.

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