I was arrested several months ago and my bail was set at $50,000. My mom cosigned the bail bonds contract and has been paying the bondsman $400 per month ever since. I went to court and was found not guilty. Does this mean my mom can stop making payments? She’s retired and doesn’t have a lot of money. Has her financial obligation been met?
Unfortunately, the answer is no. When someone is arrested the fastest two ways to get that person out of jail is to hire a bondsman or pay cash bail. Paying cash bail involves taking the defendant’s full bail amount, in the form of a cashier’s check or cash, and posting it at the jail. As long as the defendant goes to court when they are supposed to the money will be refunded at the end of their case. Cash bail is not an option for most people. This is where bail bonds companies come in.
A bondsman in San Mateo can be hired to post a bond at a cost equal to 10% of the total bail amount. That fee is set by law and is earned at the time the defendant gets out of jail. They are legally prohibited from refunding that money if charges are not filed, if the case is dismissed or if the defendant is found not guilty.
The person who cosigned the bail contract will need to continue to make payments until the balance is resolved. Failing to do so could result in the account being sent to collections and may lead to negative marks on their credit report.
If you need help getting someone out of jail fast Adelante Bail Bonds can help. Call 650-227-3547 now to be directly connected to a licensed San Mateo bail agent.