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Originally Posted by Bond Guy Yes you would also be responsible for the bond of the person you cosigned for. You will do the same application and credit check as the applicant. The cosigner helps guarentee the Surety Company would be paid should a claim arise. |
Just a word of caution - you want to be very careful about co-signing for someone else's bond responsibilities. That's not to say you shouldn't do it - just make absolutely sure you trust the personal you are co-signing for.