If I am a cosigner for a $800 bailbonds with and the defendant left town is it possible for the bailsbond agent to have me arrested until the money is paid or the defendant gets arrested?
tennessee usa
2007-12-11 07:22:12 · 4 answers · asked by robert r 1 in Politics & Government ➔ Law & Ethics
If I am a cosigner for a $800 bailbonds and the defendant left town is it possible for the bailsbond agent to have me arrested until the money is paid or the defendant gets arrested?
I have given them about 200 dollars so far so I still owe $600 and with xmas being right around the cornor I dont have the $ to give to them...at this point he said we would have me thrown in jail until defendant is caught or bond is paid on full....I see this as a scare tactiv but do not know for sure...any info would be much appreciated thank you
2007-12-11 07:29:23 · update #1
No arrest; you just default and lose your 800 dollars
For your edit; He can't have you jailed for the balance; he can file for a judgement, costs, possibly garnish salary, bank accounts, liens on real property. Work out a payment agreement and stick to it,
2007-12-11 07:30:07 · answer #1 · answered by wizjp 7 · 1⤊ 0⤋
When you cosign, on anything, you agree to be a cosigner until the debt is paid in full. If you do not want them to be able to come after you, then the only thing that you can do is to pay the rest of the $3500 yourself. That is what cosigning means: you agree that you will pay the money if he does not, for any reason, including job loss.
2016-05-23 02:22:48 · answer #2 · answered by ? 3 · 0⤊ 0⤋
You don't get arrested, you just lose the money.
2007-12-11 07:25:49 · answer #3 · answered by Citicop 7 · 1⤊ 0⤋
Empty threat.
2007-12-11 07:41:01 · answer #4 · answered by Anonymous · 2⤊ 0⤋