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As a cosigner, it is advisable to fulfill your obligation by paying the bail amount, it's important to know the legal implications if the defendant doesn't show up in court. The bail bond company has the choice to file a debt collection lawsuit against the cosigner in order to collect the bail amount as a debt.
You pay a set amount and as long as you show up to your court date you'll get some of that money back (excluding court fees). Property bonds are usually reserved for very high bail amounts and other special cases. The property must be located in North Carolina and the equity must be equal or greater to the bail amount.
In certain situations, it is possible to be removed from a bail bond as a cosigner. You'll need to check in with your bail bond agency to check that you meet certain criteria to revoke your signature.
As long as you make all of your scheduled court appearances, the full bail amount will be returned to you. If your bail is deposited through a bondsman, they will typically charge around 10% of the bail amount for this service.
The Magistrate assesses several factors, including the nature of the current charges against the defendant and their previous criminal record, to determine an appropriate bail amount. To streamline the bail release process, many jails in North Carolina have established standard bail amounts for certain charges.