When you get a phone call from a relative, friend or colleague who has been arrested and is in need of bail, you need to act fast. There are several plans of action that you can take. Of course, if the person is calling you, it likely means that they are unable to get released on recognizance and that they do not have the funds available on their own for their bond. Therefore, they may need your help getting a bail bond. If you have never co-signed a bail bond before, what exactly does it mean if you go down that route? What type of responsibility are you in for? Read on to learn more about co-signing for bail bonds:
1. Everyone Is Not Eligible to Co-Sign
Each state's laws are different, but there are certain conditions that much be met in order for you to be eligible to co-sign a bail bond for another individual. It is similar to getting a loan. Under most circumstances, you will need to be a United States citizen. In addition, you will need to prove that you have stable employment, good credit and established residency. To determine whether you qualify to be a co-signer, you will need to talk to a local bail bond agent.
2. You Can Set Forth Specific Stipulations Prior to Signing
It isn't uncommon to feel a bit hesitant to actually co-sign a bail bond when someone has been accused of a crime. You may worry that they will get out of jail and do the same thing all over again.
If this is something that you are worried about, you can create a stipulation with your bail bond. Example stipulations include requiring the accused to undergo mental health evaluation, attend therapy or enter into a mandatory drug rehab program. After the individual is released from jail, you will always have the right to call the bail bondsman and revoke the bond at any time if you are suspicious of their activities.
3. You Have Responsibilities as a Co-Signer
When you co-sign a bail bond and bail someone out of jail, you assume certain responsibilities. These include ensuring that they make it to their court dates and uphold any and all legal duties. If the accused attempts to flee, it is your responsibility to inform the bail bondsman regarding their whereabouts so that they can be captured and taken back to jail.
For more information on co-signing a bail bond, contact your local bail bonds company.