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Things to know before cosigning for a Las Vegas Bail Bonds

Last updated 2 years ago

Take a moment and imagine the following scenario.  A college-aged young adult gets a call from their best friend, saying the best friend’s significant other has been arrested and booked into jail.  The bail bondsman says they need two cosigners and a couple hundred dollars down to get the defendant released from custody, and the caller is desperate for that second signature.

“Can you please sign,” they ask. “I promise he’ll go to court and we’ll make the payments.”

The news that someone you know has been arrested is bound to bring on a lot of stress anxiety and it’s natural to want to do everything you can to help get that person out of jail fast.  At the same time, you want to make sure you’re thinking with a clear head. Cosigning on bail bonds comes with certain resposibilities  and if those responsibilities aren’t met, you could find yourself dealing with some pretty hefty problems.

Let’s circle back to the above example.  If the defendant and the best friend stop making payments on the bail bonds payment plan, that responsibility will fall back to (you guessed it) the other cosigner.

If the defendant skips town, blows off their case and no one can find them, the bond will go into forfeiture.  This is when the court imposes a financial penalty equal to the defendant’s initial bail amount.  The Defendant also will go onto warrant. Payment of that penalty will ultimately fall to the person who cosigned on the bail bonds.

The bottom line is this– if a close friend or family member has been arrested and they need help posting bail bonds and you’re confident they’ll go to court and pay the bondsman’s fee, yes, you should absolutely consider helping them out.

But if you get the same call from someone you barely know, haven’t heard from in years or are being asked to cosign for someone’s new boyfriend or girlfriend, buyer beware.

VEGAS BAIL has and does all differnet kinds of payment plans, depending on each case. If you need to BAIL  someone out of jail Call VEGAS BAIL

702-228-2245

WWW.VEGASBAIL.NET

 

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