11 Oct Co-Signers Make Bail Easier
Bailing someone out of jail on your own can be difficult, but with the right help, it can be a piece of cake. That is why most people seek help from a bail agent. Getting a bail bond greatly reduces the cost of posting bail, but it isn’t always enough. Luckily, there is an additional way to get help with a bail bond, just get someone to co-sign with you.
Co-signers take responsibility for the bail bond. They are responsible for making sure payments are made on time and that their loved one goes to every court hearing. Multiple people can agree to co-sign for someone’s bail bond. When this happens, they share the responsibilities, thus making it easier for each of them.
Co-signers can help prevent a person from needing to pledge collateral for a bail bond. Here at Van Pool Bail Bonds in Richmond, we don’t need collateral with most of our bail bonds as long as we have the signature of a working co-signer. Getting rid of the need for collateral can take a lot of stress off of a person.
In addition to just sharing the responsibilities, having good co-signers can even help a person get a discount. If one of the co-signers for the bail bond meets just one of the following requirements, they can qualify for a 20% discount off the price of the bail bond. Every co-signer gets the discount as long as one co-signer:
• Is a member of the military.
• Is a member of AARP.
• Is a homeowner.
• Has a private attorney.
Having co-signers for a bail bond can help make bailing someone out of jail a whole lot easier. It helps share the responsibility for the bail bond, can get rid of the need for collateral, and can even qualify you for a discount. All of this helps makes it possible for people to deal with bail. Just having that little bit of extra help is all people need.