Delaware Order Setting Bond
Description
How to fill out Order Setting Bond?
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FAQ
If you post a bail of $25,000 for example, the bail bonds company can post bail for you if you pay 10% of the fee or $2,500. As long as you plan on attending court and following up with their agreement, you won't be responsible for paying the full cost of the bail, risking your assets, and more.
If you work with a bail bond agent to post bail, you'll be required to pay around 10% of the total bail amount. This is due to California state mandates, and rates can only be negotiated in very specific terms.
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.
In exchange for the capital, the company pays an interest coupon, which is the annual interest rate paid on a bond expressed as a percentage of the face value. The company pays the interest at predetermined intervals (usually annually or semiannually) and returns the principal on the maturity date, ending the loan.
If the accused cannot afford to pay the full bail amount set by the court, they can hire a bail bondsman who charges a non-refundable fee, usually 10 percent of the bond. If the accused fails to appear in court, the bondsman is responsible for the full bond amount.
The judicial officer will weigh many factors when deciding the amount of bail. Some of these factors include the risk of flight by the defendant, the type of alleged crime, how long the defendant has lived in Delaware, the safety of the community and the defendant's criminal history (if any).
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The bail bond serves as surety that the defendant will appear for trial. Judges typically have wide latitude in setting bail amounts. Bail bondsmen generally charge 10% of the bail amount up front in return for their service and may charge additional fees. Some states have put a cap of 8% on the amount charged.
