Guam 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

Bail can be granted by the courts, the police and certain other criminal justice authorities including the Serious Fraud Office (SFO) and Financial Conduct Authority (FCA). Bail in this context is distinct from the bail bonds system applied in the United States, and the approaches of the two systems differ markedly.

Bond is guaranteed by the U.S. and Georgia Constitutions, except in certain cases. Bond is money or property put up to ensure the defendant's appearance in court. The judge considers several issues in determining the bond amount of the accused. These may include the: Possibility of fleeing.

Western Europe doesn't have bail bonds, and seems to function quite well. People don't run away, because running away from a criminal prosecution means your current life (house, possessions, career, friends, family, etc) is over.

You may have to stay in prison until your trial starts. Although there is a presumption that people should be given bail (i.e. should be released pending your trial), in many cases defendants, particularly when they are foreign nationals, are kept in custody.

Bail bond agents are almost exclusively found in the United States because the practice of bail bonding is illegal in most other countries.

The Hawaii standard for a bond is 10% of bail amount. So if the judge sets bail at $50,000, you would need $5,000 to exit police custody, and we'll take care of the rest. Payment plans may be available in some cases. Perhaps best of all, we offer the lowest fees on Oahu and we'll match or beat anyone ? guaranteed.

A surety bond is a loan you receive to post bail. In the case of surety bond the contractor is a bail bondsman. The bail bondsman meets with you and agrees to post bail for you. The bail bondsman then contacts the surety company they work with to borrow the cash to post your bail.

You can apply for bail at any time of the investigation after you were charged. You will have to promise to attend trial and convince the judge not to place you in pre-trial detention. Applications for bail can be made by you or your lawyer to the judge hearing your case or conducting the investigation.

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Guam Bail Bond Agreement