If you have recently found out that a friend, or even a family member, has found themselves behind bars in jail, you may feel inclined to help them get out. This way, they will have an easier time working on their defense case, as they will have more access to their legal team. Of course, they have to be bailed out of jail and if you do not have that kind of cash just sitting around, you may need to look into applying for bail bonds. If this is not something that you have done in the past, you will want to keep reading.
You Will Have To Be Financially Responsible
Even though it is someone else that is charged with breaking the law, it will be you that is signing for the bail bond. If the person you are bailing out skips town or otherwise breaks the rules given to them as part of their release on bail, you could be held responsible for the entire amount of the bond. This can be a lot of money, so it is important to know that you are going to be able to trust the friend or family member that you are helping to bail out of jail.
You May Need Collateral
In case you do end up becoming financially responsible for the total amount of the bond, you will be asked to provide collateral to the bail bondsman. This is usually requested because they know that most people simply cannot pay that amount in cash, hence the reason for coming for a bail bond in the first place. The collateral is usually in the form of your free and clear deed to your home or title to your vehicle. This way, should the bail bondsman need to come after the money they are owed, they can simply repossess the collateral that you signed over in the contract. As long as the person you are bailing out does everything they are supposed to do, you won't have to worry about losing your property.
Now that you have a little more insight as to what you will have to go through to get bail bonds for anyone that you are trying to help, you will want to get the process started. After all, the sooner you find a local bail bondsman that can help you, the sooner you will be able to get your friend or family member out of jail.