Financial Information
Whats the cost of signing bail bonds papers over to my name?
Question : Whats the cost of signing bail bonds papers over to my name?
My friend bailed her boyfriend out of jail threw Bad Boys Bail Bonds. Would it cast any money to sign the papers over to my name?
bail bonds
Best answer:
Answer by ornery and mean
Only the amount of the bond + the bondsman’s fee + (most likely) the bounty hunter’s pay to bring the offender back!.
Don’t Do That … unless you have money to burn … [or are an AIG executive with a bonus check! ... but then, I repeat myself!]
Going a bond is a gamble … a very big gamble! Before you go a bail bond for someone, you have to ask yourself one question … “Do you feel lucky?”
Well, do you?
Normally a bail bondsman will have a co-signer with some sort of collateral( title to a car, deed to a house) put up for them to issue a bond. This is done in case the receiver of the bond violates the bond agreement issued by the court.
So if you are willing to put something of value up and are a trustworthy individual the bondsman may switch the co-signer but remember that you are responsible for the bond and must make sure that they show up for court and maintain the conditions of the bond.
In the event that the bond is forfeited you would lose what ever it was that you put up for the bond, your car for example