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Things to consider before Co-signing a Bail Bond in Carmel

If your friend, a member of your family or someone you know, ends up in jail  and wants your help to bail them out, then you are most likely going to have to find a bail bondsman and co-sign a bail bond. Or you can even agree to sign a bail bond for someone if they offer you some cash in return. But before you do so, you need to think of how this is going to affect you, in case anything goes wrong.

Here are certain things to consider before you co-sign a bail bond in Carmel, so you can avoid getting into any trouble in case the suspect runs away, or misses their hearing at court.

The Responsibility

Signing a bail bond is not as simple as it seems. By signing, you are agreeing to take responsibility for the suspect and you will be accountable if the suspect gets into any more trouble or goes missing. Signing a bail bond means you are signing a contract with the government and taking responsibility of the bailed individual. You will be asked to pay the recovery fee, as well as pay the collateral – which means if you cannot afford to pay the bond fees, you will lose everything you own.

The Bond Fees and the collateral

You need to know how much of what you own you are putting at risk before you sign a bail bond. You need to know the money involved in the bail, and what you are giving as the collateral.

To safeguard your property and avoid the liability of paying the bond, you can request to have stipulations, which is a list of offences that can put a bailed person back into jail. It’s basically stating that you are not taking responsibility of certain actions that the bailed suspect may commit.

How trustworthy the suspect is

If you are signing a bail for someone you know, then you can simply go ahead and sign the bond with confidence. But if you are signing it for someone you don’t know – then putting your property and money at stake is not a very good idea.

Basically, you need to be sure you can trust the suspect to behave properly after they are set free from jail and go to court each time they are called, so you don’t have to pay the price.

The bail bondsman or bail bond company you are working with

To be on the safe side, you need to be sure you are working with a reliable bail bondsman or a bail bonds company in Carmel. This will give you more confidence, as all good bondsmen keep records of the suspect, such as the police record, their occupation, etc.

It is the responsibility of the bail bondsman and the person who co-signs a bail bond to ensure that the suspect attends court – and if the suspect goes missing, the bail bondsman will have to find them within a limited period of time given by the court. So if your bail bondsman is reliable, then you have little to worry about.