What Is a Bail Bond Cosigner?
Written on January 21, 2022. Posted In Uncategorized
When it comes to getting arrested or getting in trouble with the law, spending time in an actual jail is not always the only solution. You can get bail to be let out until sentencing, and knowing what a bail bond cosigner is and what your options are can really help.
What Is a Bail Bond?
A bail bond is a sum of money that can be paid to the court after you have gotten in trouble with the law. This allows the person in trouble to be let out of jail until their court date and until the charges are either dropped, or an appropriate punishment has been handed down. The bail amount changes depending on a few different factors. First, if it is a first-time offense, second, what the offense is and what happened, and third, the risk that the person is going to flee if they are released.
What Is a Bail Bond Cosigner?
A cosigner is someone that signs on a bail bond with the person that is in trouble. They are then responsible for part of the sum of the bail if the defendant does not show up to their court date and if the person that is in trouble does not satisfy the terms of the bond. This is somewhat like a cosigner on a loan. If one party defaults, the other party is responsible. In some cases, having a cosigner is going to get you a bit more leverage and may even allow you to get out on bond faster than you would be able to if you were signing the bond on your own.
Those that cosign on a bail bond are also responsible for giving the person in question either part of or all of the amount of the bond to get them out of jail. They may also be liable for charges that are associated with the bail bond company and with the bond itself. It is helpful to have a cosigner if you do not have the bail money on your own or if you simply want someone to help you with your bond.
Bail bonds are a fantastic way to get out of jail, have time to calm down, figure out your next move and move along with your defense. Generally, those that are let out on bond are not violent offenders, they are not repeat offenders, and the judge does not feel like there is a high likelihood that they are going to run or abscond when they are let out on bail. If you do show up for your court date and all goes well, the bond money is returned, and the defendant is going to be able to go about their life.
At Free at Last Bail Bonds, we understand the importance and urgency of reuniting families. If you or a loved one needs our services, we are here for you 24 hours a day at 470-410-3409.