Insert Pages To Legal Arkansas Bonds Forms For Free

Once a person is arrested, the courts will set the amount of bail required for the defendant's release. Under state law, a surety company can provide a type of insurance policy or ?bond? that guarantees payment of the full bail amount to the court if the defendant does not show up for all scheduled appearances.

In the case of a cash bond either the person arrested or a friend or family member pay the full bond amount in cash. If the defendant shows up for their court date the court returns the full cash amount. No one loses any money.

(a) With the exception of other provisions of this section, the premium or compensation for giving bond or depositing money or property as bail on any bond shall be ten percent (10%), except that the amount may be rounded up to the nearest five-dollar amount.

What percentage of bond do you have to pay? A bail bond is usually around 10% of the total bail amount set by the court. This means that if your bail is set at $10,000, your bond should cost around $1,000.

After processing an individual at their local jail, they get booked and their bail amount gets set. Once this amount is confirmed, the bail bonds agent comes to post a bond. When those charged cannot afford to pay their bail in its entirety, they turn to a bail bondsman to help them pay the required amount.

If you use bail bond company, you will not get your money back or have what you paid the company credit toward your fines and fees. Additionally, bail bondspersons are not bound by the same rules as the police. For example, they might enter your home without a warrant if you fail to appear in court.