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Should You Co-Sign on a Bond?
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What Are the Responsibilities
of a
Co-signer on a Bail Bond?
Before you choose to co-sign on a bond, you should be aware of
a few things:
- Your liability includes the full amount of
the bond.
- If there is a breach of the bond and the
bondsman is required to pay the full bond to the county, you can (and probably will) be liable to repay the
full amount of the forfeited bond.
- Many Florida counties require that a bond agent hire an
attorney and pay court costs if a defendant on bail misses court, even if
he was returned to jail in a matter of days.
- If co-signers do not reimburse the bail
agent, in all likelihood they will be sued in court; or, if co-signers put up
any tangible property (a house or a car, for example), they risk losing that
property.
It is important for cosigners to remain in
contact with the person
they have signed for. If, as a co-signer, you think that person may be a risk to flee, do not
co-sign. If you co-sign on a person's bond and later feel that the person
has become a flight risk, you may ask the bail agent return the defendant
to jail and revoke his or her bond. When the bond is revoked and the defendant
is back in custody, the co-signer's liability ends.
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