Responsibilities of An Indemnitor in Montgomery County

So, a loved one of yours has been locked up and you’re considering posting their bail. Posting bail isn’t as easy or cut and dry as some popular TV shows would have you believe. Finding the right bail bond is important and equally what’s equally important is understanding your role. If this is your first time posting bail for someone, there are a few things you should know first.

Key Terms to Know

Terms such as “indemnitor”, “collateral”, and “face amount” will be used and you might not know what those are.

·        Indemnitor/Co-signer: The person responsible for signing the bail agreement and posting bail on behalf of the defendant.

·        Face Amount: The full amount of the bond.

·        Collateral: The item (security) used to guarantee that bail loan is repaid.

·        Premium: The amount that is payable for the defendant to be released.

Responsibilities of an Indemnitor

Of course you’ll want to help your loved one out as much as possible. However, you don’t want to put yourself at risk in the process. Legal problems can arise if you don’t take the necessary steps to guarantee your Conroe bail bond is guaranteed and paid. Make sure you know all of your responsibilities in the role as an indemnitor wit.

·        Paying fees

·        Keeping a close track on the location of the defendant.

·        Guaranteeing the defendant appears on their assigned court date.

Failure to do any of these can result in the forfeiture of your collateral and jail time.

Being an indemnitor is a huge favor. Make sure when finding a bail bonds in Montgomery County, you’re fully aware of the responsibilities as an indemnitor. The last thing you want is to wind up in the same cell as the person you’re trying to help.