My boyfriend was arrested yesterday and his bail has been set at $50,000. We are both in between jobs right now so I wanted to know the least I could put down on a San Mateo bail bonds payment plan.
As a general rule of thumb, the better the credit of the person who is cosigning for the bail bond, the more flexible the bail bondsman can be with the down payment and monthly payment amounts. Be upfront with the bondsman about the state of your credit. Is it good, or does it have some dings from past collections or bankruptcies? Do you rent or own your home? How long have you and your boyfriend been out of work? If you do not qualify for a bail bonds (or jail bonds) payment plan on your own, that’s OK. The bondsman may simply ask if there is someone else who is willing to cosign to guarantee the monthly payments will be met.