Did You Know You Might Not Need Collateral

Central Los Angeles Bail Bond Store

There are a lot of places out there that require clients to put something up as collateral when a lot of money is involved. This can include getting a bail bond. Bailing a loved one out of jail can be a costly venture, which is why some bail bond required collateral. If you do not know, collateral is something of value equal to the amount of money being lent, or in the case of a bail bond, the amount of the bond itself. If the client does not pay all of the money owed, than the company keeps the collateral.

Some people might find this a bit alarming, but do not worry. There are bail bond companies out there that do not require collateral, companies like Central Los Angeles Bail Bond Store. These companies that do not require collateral, usually require something else in its place, something much simpler. All they require, is the signature of a working co-signer. To these companies, that signature shows that the client has confidence in his or her loved one, which is enough for the company.

If you are looking to bail a loved one out of jail, having good co-signers is important. They can make the bail bond much more affordable for everyone involved.

To look into getting a bail bond, click Chat With Us or call 877-793-2245 now.

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Responsibilities Of A Cosigner


If you have no problem being persistent, direct, and honest with a loved one when absolutely necessary, then perhaps being a loved one’s cosigner is for you.

What we mean is that if someone you know gets arrested, and they contact OC Bail Now for a bail agent, the bail agent may need to have someone cosign the bail bond. The cosigner is responsible for a few things:

  • Making sure the defendant appears in court when ordered.
  • Making sure the defendant notifies their bail agent of the next court appearance.

If the defendant fails to do this, the cosigner would be responsible for paying the full bail amount.

As a cosigner, you will need to pledge collateral like money or property, which gets returned to you as long as you make sure the defendant goes to court.

It may not seem fair to put a cosigner in this position with so much responsibility and so much of their money and property on the line. This is why cosigners also have rights of their own to protect. If the cosigner believes the defendant will not appear in court, the cosigner can contact the bail agent and ask the bond to be withdrawn. The cosigner may also request stipulations before signing, such as asking the defendant to undergo drug testing or a mental health evaluation.

Contact OC Bail Now at 714-973-2245 for a FREE consultation.

Our job is to bail people out of jail so defendants can protect their rights but it is also very important to us that we help cosigners protect their rights and make sure they know all the steps involved in the process. We are on both sides here because like both sides, we want to make sure the defendant gets out of jail quickly and properly.

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