Arkansas Order to reduce bond
Description
How to fill out Order To Reduce Bond?
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FAQ
If the bondee skips the court date, the bond is forfeited and the surety must pay the principal the total amount of the bond.
Arkansas Law requires bail bond companies to charge and collect a ten percent premium on all bonds. It also provides there will be a $50.00 minimum on premium for any bond of $500.00 or less. The law also requires certain fees to be collected with every bond posted.
[Provided that where such penalty is not paid and cannot be recovered in the manner aforesaid, the person so bound as surety shall be liable, by order of the Court ordering the recovery of the penalty, to imprisonment in civil jail for a term which may extend to six months.]
Bail forfeiture means that the accused loses any cash paid for their bail and they will be returned to jail to await trial. Bond forfeiture means that the person loses the guarantee made by the bail bond company on their behalf.
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.
Rule 9.2. (a) The judicial officer shall set money bail only after he determines that no other conditions will reasonably ensure the appearance of the defendant in court. (iii) the execution of a bond secured by the deposit of the full amount in cash, or by other property, or by obligation of qualified sureties.
The Court shall record the grounds of such proof, and may call upon any person bound by such bond to pay the penalty thereof or to show cause why it should not be paid.
If the bondee skips the court date, the bond is forfeited and the surety must pay the principal the total amount of the bond.