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Consumer Law

Feb. 28, 2022

Bad news for bail bonds: Companies subject to cosigner notice requirement

A recent California Court of Appeal decision, which may have sweeping effects on the bail bond industry, has held that bail bond premium financing agreements are consumer credit contracts subject to the notice provision of Civil Code Section 1799.91 and related statutory protections.

Christopher J. Willis

Partner
Troutman Pepper Hamilton Sanders LLP

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Stefanie H. Jackman

Partner
Troutman Pepper Hamilton Sanders LLP

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Susan Nikdel

Susan an attorney in Los Angeles focusing on consumer financial services matters.

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A recent California Court of Appeal decision, which may have sweeping effects on the bail bond industry, has held that bail bond premium financing agreements are consumer credit contracts subject to the notice provision of Civil Code Section 1799.91 and related statutory protections.

In BBBB Bonding Corporation v. Caldwell, 2021 DJ...

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