Bail Exoneration Bond Withdrawal In Illinois
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Typically, a cosigner can withdraw from a bail bond by demonstrating to the court or bail bond company that they no longer wish to be responsible. This process may involve legal proceedings and requires cooperation from the bail bond company and sometimes the defendant.
Typically, a cosigner can withdraw from a bail bond by demonstrating to the court or bail bond company that they no longer wish to be responsible. This process may involve legal proceedings and requires cooperation from the bail bond company and sometimes the defendant.
First, contact your bail bond agency to see if you can withdraw. Then, fill out the paperwork and make sure you meet all legal requirements. This will officially end the agreement.
In California, the law allows co-signers to take their name off your bond and withdraw from the bail bond agreement. Unfortunately, this action can have severe consequences, which we discuss below. Co-signers may take their name off your bond for various reasons.
In order to have your name removed from the mortgage bond, you would need to either, formally have the mortgage bond cancelled, or apply to have your partner substitute you as the debtor, which means he/she will be fully liable for the mortgage bond.
