Surety bonds are designed to ensure a defendant will appear in court if they are released from jail on bond. Here’s how they work:
- When bail is set, a surety bond may be purchased at 10% of the total bail amount by a cosigner. This is a non-refundable fee necessary to secure bond.
- The bail bond company that backed the bond becomes responsible to ensure the defendant appears for all schedule court dates.
- If the defendant does not appear in court, the bail bond company may utilize a fugitive recovery agent to locate the defendant. The cosigner of the bond will be responsible for the fee for this service.
- If the defendant is unable to be located, the entire amount of bail will be required to be paid by the cosigner.
At Gerald Madrid Bail Bonds, we understand that this may be a scary and stressful time for your family. We have been serving New Mexico with affordable bail bond services since 1984 and are available to help you during your time of need—24/7.
When you choose us as your bail bond company, you can have peace-of-mind knowing that we’ll provide you with the support and resources you need throughout every phase of our bail bond services.
Contact our New Mexico Bail Bond Company for Help in Otero County
For personalized guidance based on your unique circumstances, contact us today. We have helped over 57,000 defendants get bailed out of jail in New Mexico and are prepared to help you, too!
At Gerald Madrid Bail Bonds, we mean business!
Call (575) 648-2245 for a free and confidential consultation with an experienced representative from our bail bond agency in Otero County, NM.