I've been asked for bail money

Being a ‘Bail Guarantor’
So a condition of your friend’s or family member’s bail is that an ‘acceptable person’ (see definition below) must deposit something of value (called a ‘security’) eg a certain amount of money (eg $5000) or some item (eg title deed to a house) to the Court, or that such a person is liable to forfeit something of value if the defendant breaches bail. This section outlines the responsibilities of, and possible consequences for, a person who agrees to deposit or forfeit something of value (called the ‘bail guarantor’).

Who is an ‘acceptable person’?
An ‘acceptable person’ is someone who has known the defendant for some time (usually at least several months) and who has no criminal convictions, outstanding criminal charges or bankruptcy proceedings against him/her. That person is required to complete an acceptable person information form to be eligible as a ‘bail guarantor’.

What is a ‘bail guarantor’?
As stated before, a ‘bail guarantor’ (also known as a ‘surety’) is an ‘acceptable person’ who agrees to lodge or deposit a ‘security’ and/or to forfeit an amount of money if the defendant fails to appear in Court. 

What are the responsibilities of a ‘bail guarantor’?
The ‘bail guarantor’ is responsible for ensuring that the defendant attends Court every time until the case is over. You should not become a ‘bail guarantor’ unless you are certain that the defendant will attend Court on every occasion. If you decide to be a ‘bail guarantor’, it is a good idea to telephone the defendant on the evening before Court and/or to accompany him/her to the Courthouse.