When somebody co-signs for a bail bond, that person has to sign a promissory note or an indemnity agreement which says he or she is financially obligated to pay the entire bail amount if the accused person does not appear in court. After co-signing the bail bond, the accused will subsequently be released from detention during the resolution period. Upon procuring a co-signer, the detainee is guaranteed release if all requirements are met. A co-signer, in turn, is at least partly responsible for assuring that the accused appear at all scheduled court proceedings and adheres to any other requirements requested upon by the bond.

What Does Co-Signer Really Mean? 

The process of co-signing a bail bond typically entails providing physical property, such as cash, cars and other valuable items as collateral. By providing this, the bail bondsman is guaranteed to recover the money he or she has pledged to the court in the form of a surety bond. In order to be eligible to co-sign a bail bond, a person must be a legal citizen of the United States of America, have lived in the same geographic area for a predetermined period of time, often 12 months or longer, have a reliable and stable source of income and have a sufficient “credit score.”

If for any reason the accused flees or fails to appear in court, it is the co-signer’s responsibility to pay the entire bail amount or surrender the collateral. The co-signer isn’t completely at the mercy of the bond though because has the right to require stipulations before co-signing. Stipulations can take many forms, for example, requiring that the accused attend a drug treatment program or be seen by doctors. The co-signer may even be able to ask the bond company to cancel the bond if the accused exhibits any worrying behavior. This must result in the returning of the accused to jail.

What Is the Cost of Co-Signing?

If this is starting to sound expensive or complicated, know that it’s actually much simpler and cheaper than navigating the jail and the court all alone! The website for professional bail agents of the United States (PBUS) says that a bail bond company will receive a predetermined percentage of the bond for assuring the bond and securing the release of the detained. This constitutes just about the whole fee for the co-signer. The bail bond company fee and the lowest amount required by law is usually 10 percent of the bail total. The bail itself is determined by the crime, the accused criminal history and more. The 10 percent fee is a non-refundable payment for the co-signer. Here in Clayton County, we are willing to ally with any individuals without collateral and guarantee a charge of no more than 10 percent, the minimum bail fee allowed by law. Work with us and find out how manageable bail costs can be!