We bailed our son out of jail a few weeks back. He was arrested on a domestic violence charge and his bail was set at $50,000. We didn’t have the full 10% to put down all at once but the Oceanside bondsman was kind enough to help us with a payment plan. My wife and I charged $1,000 to our AMEX and we’re supposed to make payments of $300 per month. Our son was arrested again last night for driving while under the influence. Does this mean our financial obligation on the original bond is over since he’s back in jail? Can we stop making payments?
When a person cosigns an Oceanside bail bonds contract they are taking responsibility for two things. The first is that the defendant will go to court when they are supposed to. The second is for payment of the bond. Your bondsman earned his fee at the time your son was released from the Vista Jail. That fee is set according to state law and it is nonrefundable. You might be surprised to learn that if the bondsman were to refund it he could lose his license and be subject to criminal prosecution.
If you stop paying on the bond your account will be forwarded to collections and your information would be reported to the credit bureaus. This will have a negative impact on your credit score. A bail agreement is a legally binding document and you will want to make sure you abide by the terms and conditions you agreed to at the time you signed it.
For more information about how bail bonds work in Oceanside call our office now at 619-785-3077 to speak with a licensed agent.