what-cosigners-need-to-know-before-signing

What cosigners need to know before signing

October 23, 20242 min read

Finding out a loved one has been arrested can be a very scary moment. There are a lot of things racing through your mind, one of them being, “how can I get them released?”

Bail bondsmen in Raleigh, North Carolina are a great resource to use when finding out such devastating news. They can educate you on the facts, what you need to know about the bail process, and also what steps you can take with utilizing bail bond services in Raleigh.

We want you to understand what goes into becoming a cosigner, because this is a larger responsibility than most individuals realize. Co-signing is essentially taking over responsibility, and if nothing goes wrong on the defendant’s end, the cosigner is completely responsible for the monetary value owed. To be a cosigner is not a light matter; you have to make a clear and concise decision. Not only does this affect the defendant’s life, but it directly affects yours as well. Let’s break down the cosigner process for bail bonds in Raleigh, North Carolina.

Requirements as a Cosigner

  • Employed with the same company for at least a year

  • 21 or older

  • Has a viable checking account

  • Salary of at least 24,000 annually

What the Cosigner is responsible for

  • Bonded to a contract written up by the bail bondsman

  • Percent of the bail bond paid to bail bondsman in Raleigh

  • Entire bail if defendant does not show up to court hearings or flees the state

  • Getting the accused back to court or jail if they do flee the state

  • Cosigner could lose their collateral (ex: property)

The responsibility of a cosigner is a great one. You must carefully make this decision because it affects you as much as it affects the defendant, if not more so. Any loved one going to jail is a frightening time, and we know you want to do everything you can for them. Let the bail bondsmen in Raleigh, North Carolina help you. The process of bail is complicated, and you may not know very much about it. We can educate you on bail, how our services will aid you, and how to get your family back into your arms. We are caring and professional, and we will give you our best instruction on how to handle a situation such as this. We have amazing payment plans and many options to help you and your kin. Call us today and see what option is going to be best for you.

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