In general, a bail bond cosigner does not have the automatic right to take your property. Nevertheless, if the defendant fails to comply with the conditions of the bail bond agreement, such as missing a court appearance, the cosigner may be held financially responsible for the full amount of the bond.
In such cases, the bail bond company may take legal action to recover the amount owed, which could potentially include seeking repayment through the cosigner’s assets, such as real estate or personal property, depending on the terms of the agreement signed by the cosigner.
It’s crucial for cosigners to thoroughly understand their obligations before agreeing to cosign a bail bond. If you have concerns about potential consequences, it’s advisable to consult with a legal professional for guidance specific to your situation.