When someone signs the bail bond as co-signor, he will be obligated to pay the full amount of the bond if the accused fails to appear in court as ordered. This is based on the obligation of the co-signor per his executed promissory note or an indemnity agreement binding himself to pay the full amount of the subject bond if the accused failed to observe the bail bond terms and conditions.
Once the Fort Myers Bail Bonds have been co-signed, the court will order the provisional release of the accused from custody pending resolution of the complaint filed against him.
Punta Gorda Bail Bond co-signing require the pledging of properties such as but not limited to the real property and personal properties as well. The pledging of properties provides a privilege to the bail bondsman to get hold of the money back if he pledges with a surety bond to the court.
In case the accused escapes, the co-signor will be mandated to pay the entire Port Charlotte Bail Bond or surrender the property pledged to the bail bond company as collateral. However, if he got the knowledge that the accused will most like fail to attend the court hearing, he may request the bail bondsman that the bond be withdrawn and have the accused re-arrested.
The act of the co-signor will have the following effects:
- He guarantees the appearance of the accused in court
- He may require the accused to undertake a drug treatment program or mental health evaluation
- He may request the details of the stipulations
- Release of the accused from imprisonment
- Co-signor be mandated to make sure that the accused will appear in all court proceedings in compliance with the terms and conditions of the bail bond agreement
- If the accused failed to observe the guidelines, the co-signor may cancel the bond and return the accused to jail.
- The co-signor may request Jail Bond Cape Coral to have the accused re-arrested if the latter flees or refuses to attend the court hearings
On the other hand, everyone is not qualified to post as a co-signor because it is imperative that he should be a US citizen and a resident of the same area for a specified period with stable job placement and acceptable and sufficient credit line.
To ensure that you will be able to observe the complicated guidelines, you need the services of the professional Bail Bond Company such as the All Out Bail Bonds
We will ensure that the utmost guidance will be provided for your benefits throughout the process. We will provide efficient and effective support and protection for your advantage. With our honed experienced, we already equipped ourselves with the tools for the protection of everyone.