Bail For Money Laundering In Virginia

Category:
State:
Multi-State
Control #:
US-00006DR
Format:
Word; 
Rich Text
Instant download

Description

The Bail Bond Agreement is a legal document utilized in Virginia for securing bail for individuals accused of money laundering. This form outlines the responsibilities of the applicant, who is typically a family member or friend of the defendant, along with the bail bonding company and surety. Key features include the obligation of the applicant to pay a premium for the bail bond, to indemnify the bail bonding company against any loss, and to assist in the defendant's release. It also specifies that any breaches could result in financial liabilities, including attorney's fees. For attorneys, this form is crucial in advising clients on their obligations and liabilities associated with bail. Partners and owners in legal firms can use the agreement to ensure compliance and understanding among staff. Paralegals and legal assistants may need to assist clients in completing this form accurately to avoid complications. The document serves as a vital tool in managing the legal and financial aspects of bail in money laundering cases.
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FAQ

Virginia Code Section 19.2-120 states that a person pending a trial or hearing, shall be admitted to bail, unless there is reason to believe: They will not appear for trial. They are an unreasonable danger to himself/ herself. They would constitute an unreasonable danger to the public.

Virginia Code Section 19.2-120 states that a person pending a trial or hearing, shall be admitted to bail, unless there is reason to believe: They will not appear for trial. They are an unreasonable danger to himself/ herself. They would constitute an unreasonable danger to the public.

Types of Bail in Virginia Criminal Cases However, if the magistrate does not set bond, then you will remain in jail either until released after trial or sentencing or until your defense attorney files a motion in court. There are three types of bail set in Virginia criminal cases: Recognizance.

There is no fixed schedule for bond amounts, but typical amounts might be $500-5000 for misdemeanors; $2500-10,000 for property and drug felonies; and $25,000-50,000 or much more for serious felonies.

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Bail For Money Laundering In Virginia