09 Jan Benefits and Risks of Bail Bond Co-Signers
Dealing with an arrest is an incredibly stressful and tense time, not just for the individual, but for their loved ones as well. There will be some bickering, but there should be mostly figuring out how to get through this situation together. Multiple parties will be involved in some way or another: the defendant, a bail bond company like Oceanside Bail Bond Store, employers who may need to know, friends, family, a lawyer, and a co-signer.
This all sounds pretty straight-forward, but not the co-signer. What is a co-signer, and what do they do?
A co-signer is needed for the bail bond portion. This person assumes responsibility of the defendant to see that they show up for their court appointments. If the defendant does not, the co-signer will face consequences, such as needing to pay monetarily or relinquishing any collateral they pledged.
In the instance that the defendant goes rogue to their bail release conditions, not all has to be lost for the co-signer, if they act in time. At any time, the co-signer can withdraw from their position and responsibilities of the defendant. The defendant will then be taken back into custody until he or she can get another co-signer for their bail bond. The original co-signer will not face additional consequences for asking to be withdrawn from the bail bond, except for maybe a bit of their relationship with the defendant.