Yes, there's a possibility that your credit score could get hurt if you co-sign for a bail bond.
Leaving California on Bail with a Bond Posting bail via a bondsman doesn't impact the travel limitations of your bail agreement. However, you should still inform the bail bondsman about your travel plans as they are currently responsible for your court appearances and the finances used to secure your freedom.
Bail bond agents may demand you repay the full sum, which could be upwards of $100,000 in some cases. You also risk damaging your relationship with the defendant. If you co-sign their bail bond and they abscond, you could lose them as a part of your life.
Before giving us a call, make sure you have the following information handy: The full name of the person who was arrested. Where is the person being held for custody (you should include the name of jail, city, and county) The person's booking number.
Having a cosigner does not impact your FICO score. A loan where you brought on a cosigner, is treated no differently than a loan where no co signer was present.
A person charged with an offense should look very carefully at their Virginia paperwork to see if they are allowed to leave the Commonwealth of Virginia as an affirming condition of their bond. It is not uncommon for someone to be prohibited from leaving the state during the pendency of a felony case.
Leaving California on Bail with a Bond Posting bail via a bondsman doesn't impact the travel limitations of your bail agreement. However, you should still inform the bail bondsman about your travel plans as they are currently responsible for your court appearances and the finances used to secure your freedom.