Being an Indemnitor for Bail in Jacksonville, FL.

Being the indemnito is a very important part in the bail bond industry. We will discuss what exactly your role as an Indemnitor would be.
Becoming an indemnitor is a huge responsibility, and a decision that you shouldn’t take lightly, since it could potentially cost you hundreds of thousands of dollars. An indemnitor, just in case you were still wondering, is the person that co-signs a bail bond and assumes the responsibility of ensuring that the arrestee appears in court when asked. In legal terms, it is the bail bond agency that is required to make sure that the arrestee appears, however they will often make you the responsible party and ensure that you pay the full price if your friend or family member skips out on their bail. The bail bond agency will hire a bounty hunter if this does happen, but ultimately any costs they incur will probably come back to haunt you, especially if you have placed collateral as part of the deal.

Most Jacksonville bail bonds agencies are very professional and will work closely with you to ensure the speedy release of the defendant. They will have years of experience of working with people in situations like yours and will have everything in place to ensure everything goes smoothly. As long as you have the ability to provide any information or identification that they ask for, the process can take as little as a few hours. You’ll be asked to provide a deposit, which is generally 10% of the full bail amount. If they ask for collateral, you should think carefully about which items you are going to provide, and whether you are entirely happy with providing them. You should never feel like you have to do anything during this process, because you’ll be taking on a huge amount of risk and you really don’t want to be regretting any decisions. If you can fully trust your friend or family member, collateral shouldn’t be an issue; however, if you have any doubts, you probably shouldn’t proceed.

After that, you’ll have to co-sign the bond, at which point you officially become the indemnitor and will have a great deal of responsibility. You should look carefully at the conditions of the defendant’s bail, so that you know exactly what is required by both parties. Not fulfilling these conditions could result in the bail being forfeited and the full cost landing onto you.

By Steven Jones
Published: 10/1/2009
 
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