Alabama Bail Bond Agreement

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State:
Multi-State
Control #:
US-00006DR
Format:
Word; 
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Description

A bail bond is a bond provided by an insurance company through a bail bondsman acting as agent for the company, to allow an accused defendant to be released before trial. A bail bond is designed to ensure the appearance of the defendant in court at the scheduled time. Prior to the posting of a bail bond, the defendant or a co-signer must guarantee that they will pay the full amount of bail if the defendant does not appear in court. The bail bond company usually charges 10 percent of the amount of the bond and often requires the defendant to put up some collateral like a seconded of trust or mortgage on one's house.


When the case is concluded, the bail bond is "exonerated" and returned to the insurance company. If the defendant disappears and fails to appearing court (skips bail), the bond money will be forfeited unless the defendants found and returned. The bond may be forfeited, by order of the court, upon the partys failure to appear or to comply with the conditions of the bond. If the defendant is located and arrested by the bail agent the cosigner is responsible for all expenses the bail agent incurs while looking for the defendant.

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FAQ

Obtaining a surety bond in Alabama is typically a quick process, often completed within a few hours. After contacting a bail bond agent and completing the necessary paperwork, the agent will facilitate the bond's approval. The Alabama Bail Bond Agreement will outline the details and ensure you understand the steps involved. Utilizing USLegalForms can streamline this process further, providing you with the necessary documents and guidance to secure your bond efficiently.

The balance of a cash bond will be returned to the defendant after any outstanding fines and costs on any and all cases are deducted. You may use a professional bonding company licensed and approved to do business in Shelby County.

If my bail is $150,000, how much should I pay? CASH BAIL AMOUNTPREMIUM %BAIL COST$100,00010%$10,000$150,00010%$15,000$250,00010%$25,000$500,00010%$50,0006 more rows

A defendant posts bail by paying the required amount to the court. The court holds this money until the court hearing. If the defendant fails to attend a court date, they forfeit the money and may be sent back to jail. If a defendant complies with bail, the court returns their money at the conclusion of their case.

For a felony offense, a bail bond fee of 3.5 percent of the total face value of the bail bond or one hundred fifty dollars ($150), whichever is greater, but not to exceed seven hundred fifty dollars ($750).

A bail bondsman will want to make sure they're getting the most for their money. To do this they will charge a bail bond bond premium fee that is usually 10-20% of your bail bond amount. This fee is normally not refundable.

But there is an important distinction between them. A bond acts as a guarantee, rather than a deposit. It's a promise made to the court by a third party, usually a bond company, to pay the bail amount on the defendant's behalf if they fail to attend court or breach another condition of their release.

Alabama courts use a set list of factors to set the amount of bond and the conditions of bond in a criminal case. The following factors are considered by the court: The age, background and family ties, relationships and circumstances of the defendant. The defendant's reputation, character, and health.

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Alabama Bail Bond Agreement