The Qualifications for Co-signing for a Bail Bond

cosigner

At Freedom Bail Bonds, we do our best to help our clients in the Travis County or Williamson County Jails obtain a bail bond and often that means that a friend or family member will need to co-sign for a bail bond to get someone out of jail. However there are several factors we have to consider when deciding whether or not a person qualifies to co-sign for a bail bond. Whether you feel you will qualify to post a bail bond or not, please call us so we can help you determine the best way to get your loved one out of jail.

What is a co-signer?

A co-signer is somebody who agrees to take responsibility for payment if the defendant fails to follow the bail bond agreement. For example, if a defendant were to skip his or her court date and thereby violate the terms of his or her bail bond, the co-signer would be held financially responsible and be expected to pay the bail bond fee.

Is credit history important when co-signing for a bail bond?

As with applying for a loan, the credit history of a client or co-signer is an important factor. Why? Because Good credit history is an indicator that the person we’re doing business with is going to respect and honor our agreement. The better your credit history, the easier it is to trust you. It’s as simple as that.

Does the co-signer have a good job history?

The job history of co-signers is also something that we take into consideration. Ideally, a co-signer is someone who has held a steady job for a long period of time. Since co-signers will be held financially responsible for the actions of the defendant after posting bail, we want to know that the co-signer will be able to make the payments in case the defendant is unable to.

Co-signers should be very mindful of their responsibilities in this situation. Once somebody agrees to co-sign for a bond, that person will be held financially responsible for the bail bond fee. This is not an agreement that is to be taken lightly, and once an agreement is reached, we expect it to be respected.

Is the co-signer responsible?

All of this to say: the main thing we look for in a co-signer is reliability. If you are someone that we can trust, it makes it very easy for us to work to provide the most helpful and professional assistance possible. At Freedom Bail Bonds, if we can depend on you, you can depend on us – no matter what!

Can collateral be used to get a bail bond?

In most cases we do not require collateral to post a bail bond for you at the Travis County Jail. We evaluate each situation individually. It depends on many factors: the nature of the charges, the amount of bail required, and the likelihood that the defendant will leave town. If we believe your loved one represents a low flight risk, chances are good that we’ll accept a signature bond instead of collateral for your loved one’s bail bond.

If you need to arrange for someone to get out of jail, call us no matter what the situation and we will help determine the best way to get them released as soon as possible. We’re available 24 hours a day, 7 days a week.