If your friend has been arrested, and they've asked you to post bail for them, you'll need a bail bondsman. This is particularly true if you can't afford to pay the bail in cash. Before you obtain a bail bond for a friend, there are some things that you'll need to know.

Understand the Process

If you've decided to obtain a bail bond for a friend, it's important that you understand the process, especially if the bail is set at a substantial amount. First, you'll need to provide about 10% of the total bail amount in cash. In addition to the cash outlay, you'll also need to provide collateral in the form of real or personal property. The collateral will need to total the remaining 90% of the bail amount. The collateral will be held until the case is resolved.

Keep Your Records Updated

If you're working with a bail bond company, you'll need to keep your records updated. The bonding company will need to get a hold of you, should problems arise. Not only that, but they'll need your current information so that they can return your collateral to you at the conclusion of the case.

Follow the Case

If you have a substantial amount of cash and collateral tied up in your friends bail bond, you'll need to follow the case closely. This is particularly important where your cash payment is concerned. That's because the resolution of the case will determine when, and if, you get your cash payment returned to you. If the case is dropped, or your friend is acquitted – found not guilty – you'll receive your cash payment back. However, if your friend is found guilty of the charges, you won't receive a refund of your cash payment. Instead, the cash will be used to offset court fees.

Know Your Options

If you post bail for your friend by securing a bail bond, you need to make sure that they will follow all the legal requirements placed on them at the time bail is posted. That includes obeying all laws, making all court appearances, and remaining within the city, county, or state – depending on their specific restrictions. If your friend fails to follow the rules, bail will be revoked and you'll lose your cash and collateral. If you fear that your friend is in danger of having their bail revoked, talk to the bonding company about your options. You may be able to cancel your bail agreement, which will ensure that your cash and collateral is returned to you.