Being the co-signer on a friend’s bail bond means you’re taking on some big responsibilities. In many cases, the defendant will need bail bonds. Florida Keys bond agencies are businesses, which means they need to make sure they aren’t throwing their money away. That’s where you come in. You will be guaranteeing that the defendant is going to show up in court so the agency doesn’t lose its money.

Bail bonds are big business, but it’s also very risky for the companies. If the defendant doesn’t have any collateral, you’ll be the one who offers it. This may be a house, business or car, depending on the amount of the bail.

Becoming a co-signer for bail bonds is a huge responsibility and it means that you need to think it over carefully. Never sign for anyone that you don’t trust completely. If they don’t show up at their court date, you’ll be held responsible and stand to lose quite a bit if you aren’t careful. When it comes to bail bonds, Florida Keys rules are the same as anywhere else, the co-signer is taking on the job of ensuring that the defendant appears in court.

When a friend is in need, it’s natural to want to help them, but you do need to make certain that you are making the best choice for yourself, as well. Talk to the bondsman and find out exactly what is required of you before signing anything to do with the bail bonds. Florida Keys bail may be set so high that your friend can’t pay, but that doesn’t mean you should risk everything, so think it over first.