Who is liable for the bail bond?
The person who posted it. In other words who ever paid the money. When you post bond you are saying that you put up this money as proof the person will show. It the person doesn’t show up in court at the appointed time you loose your money. Which is why people, even family members are often reluctant to post bond for someone else. If the person is not reliable, or has a history of offenses, the potential for loss is great.
The indemnitor (co-signer) is financially liable for the bail bond. The indemnitor’s liability is limited to the full face value of the bail bond. (Back to top) Do I need collateral? Every case is different. However, we enjoy bringing families together and with high bail amounts collateral is necessary. If you have questions, don’t be afraid to call and ask!(Back to top) What can I put up for collateral? Anything of resale value! However, if you’re a homeowner then a signature may be all that’s needed or a lien will be placed on your home based on the bond amount and the required equity (Market Value vs. what’s owed on the home).(Back to top) How do I determine equity for a home? Recent sale amounts for homes similar to yours. For example, if you currently owe $375,000.00 on your home and the homes in your area are being sold for $475,000.00, then you have $100,000.00 equity. However, it really depends on the condition of your home and the current market. If you have questions don’t be
