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What happens if the annual premium for bail is not paid?
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<blockquote data-quote="Desiree" data-source="post: 2052221" data-attributes="member: 219155"><p>My cousin and her husband cosigned for his brother to get out of jail because they both had jobs. They both signed the contract. The wife of the accused put up the %10 percent in cash. She was not working at the time and is now laid off due to the recession. The wife only signed a receipt for the cash payment. The accused was out on bail for 2 yrs and is now in prison. The cosigners did not know the premium renewed itself each year the defendant was out fighting the case. Of course the cosigners did not take the time to read the fine print. They were just trying to get their loved one out. Also, the bail agent never went over the contract with them before they signed it. This was their first experience with a bail bonds company. Now the bail bonds company, Bad Boys Bail Bonds, in San Jose is harassing them for the unpaid premiums. My cousin and her husband do not own a house and they are still making notes on their vehicle. The company claims they sent notices for the balance but my cousin said that is not true. Furthermore, the company said they will turn this over to the legal dept. on 12/27/09 if they do not receive a payment. What will happen to the cosigners? Will their wages be garnished? And if so, is there a certain percentage they will take out of their checks? How long will it take the company to sue them? Also, will the wife be responsible for the unpaid premium of 2 years? Is there anyway the bail bonds company can reduce the premium? It's quite high. Thx!</p></blockquote><p></p>
[QUOTE="Desiree, post: 2052221, member: 219155"] My cousin and her husband cosigned for his brother to get out of jail because they both had jobs. They both signed the contract. The wife of the accused put up the %10 percent in cash. She was not working at the time and is now laid off due to the recession. The wife only signed a receipt for the cash payment. The accused was out on bail for 2 yrs and is now in prison. The cosigners did not know the premium renewed itself each year the defendant was out fighting the case. Of course the cosigners did not take the time to read the fine print. They were just trying to get their loved one out. Also, the bail agent never went over the contract with them before they signed it. This was their first experience with a bail bonds company. Now the bail bonds company, Bad Boys Bail Bonds, in San Jose is harassing them for the unpaid premiums. My cousin and her husband do not own a house and they are still making notes on their vehicle. The company claims they sent notices for the balance but my cousin said that is not true. Furthermore, the company said they will turn this over to the legal dept. on 12/27/09 if they do not receive a payment. What will happen to the cosigners? Will their wages be garnished? And if so, is there a certain percentage they will take out of their checks? How long will it take the company to sue them? Also, will the wife be responsible for the unpaid premium of 2 years? Is there anyway the bail bonds company can reduce the premium? It's quite high. Thx! [/QUOTE]
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