Do You Know What Co-Signers Are?
When people are dealing with bail for the first time, many are facing a lot of unknowns. One unknown that can confuse people is the concept of co-signers. This isn’t a term people use daily, so what does it mean?
When it comes to posting bail with a bail bond, there is a contract that has to be signed by the client. By signing the contract, the client agrees to pay the full price of the bail bond in return for having their loved one bailed out of jail. They also agree to make sure that their loved one makes it to all of their court dates. Naturally, the person who signs the paperwork is referred to as the signer.
With bail bonds, there can be more than one signer for the bond. In these cases, the people are referred to as co-signers. When multiple people sign the paperwork, they are all taking responsibility for the bail bond and the person being released.
Having multiple co-signers can be beneficial because then the signers share the responsibility. They work together to pay off the bail bond and to keep their loved one in line. In addition to that, having multiple co-signers increases the chances of you qualifying for a discount.
Here at Porterville Bail Bonds in Terra Bella, we can provide a 20% discount off the price of a bail bond if one of the co-signers meets just one of the following requirements:
- Is a union member.
- Is a member of AARP.
- Is a member of the military.
- Is a homeowner.
- Has a private attorney.
As long as one of those requirements is met, then you qualify for the discount.
For most people, there are a lot of unknowns when it comes to bail. Don’t let that stop you from rescuing your loved one from jail. You can get expert bail help by contacting the bail agents here at Porterville Bail Bonds in Terra Bella.