My sister was arrested six months ago. The person who called the police on her filed a false report but she was still taken to jail. Her bail was set at $40,000 and I cosigned the paperwork with the bondsman. At the time I put $1,000 down and have been making payments every month on the balance. The judge threw her case out earlier this week. Does this mean I still have to pay?
It is very common for people to enter into payment arrangements for Martinez Jail bail bonds. The cost to purchase bail bonds in California is regulated by the Department of Insurance. Every bondsman is required by law to charge the same 10% rate. Bail bonds companies earn their fee at the time the defendant is released from jail. So to answer your question yes, you still need to continue to make payments until the balance is resolved.
If you decide to stop paying your account will likely be sent to collections within 30 days. That action will also be reported to the credit bureaus and it will become part of your credit report. If you are having financial difficulty and are having trouble making the agreed upon monthly payments you may consider calling your bondsman to ask if they can help you renegotiate those terms.
If you need help getting someone out of jail fast call 925-231-4307 now to speak with a licensed agent. Flexible payment plans are available to those who qualify.