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<\/a>Obtaining a Bail Bond For Someone Else is Serious Business<\/h1>\n\n\n\n
Using a bail bond is the easiest and most affordable method for obtaining a release from jail. But when you are faced with the decision to bail a friend or loved one out of jail, it is a decision you should never take lightly. That is because the legal liability attached to the bail bond contract is a serious undertaking, and whether or not you face the ramifications for those liabilities is all dependent on the choices of the person you are bailing out of jail.<\/p>\n\n\n\n
Bail Bond Costs<\/h2>\n\n\n\n
Although you are only paying a fraction of the total cost of your loved one\u2019s bond premium, the bail bond agent is covering the rest of the amount. So, if your loved one\u2019s bond amount was $10,000, and the bail agent charges a 10% fee, you will pay a non-refundable fee of $1000, while the bail bondsman pays the courts the remaining $9,000. So long as the defendant appears for all scheduled court hearings and follows all court orders, they bail bond agent gets their $9,000 back.<\/p>\n\n\n\n
But if the defendant violates any conditions of the bail bond agreement or court orders, the bail bondsman does not receive the money back until they can get the defendant to appear on the judge\u2019s bench. They only have a certain time period to do this, and usually, they are unsuccessful. If this happens, you are responsible to pay the bail bondsman the remaining $9,000 as the contract stipulates. If you used collateral to purchase the bail bond, such as your car, boat, house, or other asset, you will have to forfeit that collateral.<\/p>\n\n\n\n
How to Protect Yourself as a Bail Bond Cosigner<\/h2>\n\n\n\n
To avoid any liability concerns, be sure you only cosign for people you know closely and who you can trust. Do not cosign for a bail bond if you have not known the person for longer than a year, if they are unemployed, if they have a history of evading the law, if they have a criminal record, and if they are likely to commit further crimes or disobey court orders.<\/p>\n\n\n\n
Do you need to surrender to a warrant or get someone out of jail in Central Indiana?<\/strong> Contact Woods Bail Bonds<\/a> at 317-876-9600 for 24 hour bail bonds in Indianapolis<\/a>, or anywhere in Central Indiana. We also offer prearranged bail bond service for arrest warrants.<\/p>\n\n\n\n Related Posts:<\/strong><\/p>\n\n\n\n The Responsibilities of a Bail Bond Contract<\/a> A bail bond indemnitor, or cosigner, is a person with a serious legal responsibility. If your friend or loved one was just arrested, take the time to consider all the liabilities involved with being a cosigner before you sign the … Continue reading
How to Calculate the Total Cost of a Bail Bond in Indiana<\/a>
Two Types of Hybrid Bail Bonds in Indiana<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"