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Louisiana
Bail Bond Agreement

Louisiana Bail Bond Agreement

Category:

Criminal - Bail

State:

Multi-State

Control #:

US-00006DR

Format:

Instant download

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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How to fill out Bail Bond Agreement?

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FAQ

To fill a bond form effectively, make sure you have all the necessary information at hand, including the details of the defendant and the bond amount. Each section of the bond form must be completed accurately to avoid complications. Double-check your entries for correctness. If you need assistance, US Legal Forms provides comprehensive resources and templates to help you navigate the process smoothly.

Filling out a bond form for a Louisiana Bail Bond Agreement requires careful attention to detail. Begin by providing the full names and addresses of the parties involved, including the defendant and the co-signer. Next, include specific information about the bond amount and any collateral being offered. To simplify the process, US Legal Forms offers user-friendly templates that guide you step-by-step.

Writing a Louisiana Bail Bond Agreement involves outlining the terms agreed upon by the parties involved. Start by including essential details such as the names of the principal and co-signer, the bond amount, and any conditions that apply. It’s important to ensure that the document complies with Louisiana state laws. For accuracy and legal assurance, consider using a reliable platform like US Legal Forms to access templates and guidance.

The 90 day rule in Louisiana mandates that a defendant must be brought to trial within 90 days of their arrest, or they may be released from custody. This rule helps protect the rights of defendants by preventing unjustly prolonged detention. It is essential for individuals to understand this timeline, especially when securing a bail bond. A well-structured Louisiana Bail Bond Agreement can facilitate timely legal proceedings and support your case.

The 65% law in Louisiana refers to the requirement that certain non-violent offenders can serve only 65% of their sentence before being eligible for parole. This law aims to reduce overcrowding in jails and promote rehabilitation. Understanding this law is crucial for defendants and their families, as it can significantly affect their time in custody. Utilizing a Louisiana Bail Bond Agreement can help ensure a smoother transition from jail to home while awaiting trial.

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.

A bail bondsman can pay the amount of the bail to the courts in exchange for a payment of 10% the bail amount, and the courts hold the money until their court date arrives. If the defendant shows up for their court date, the bondsman gets back the entire amount of the bail.

You can contact a licensed bail bondsman to post a commercial surety bond, more commonly known as a bail bond. This service is helpful if you cannot afford to post the entire amount of the bond in cash. For a fee (usually around 13% of the total bond), a bail bondsman will post the total amount of the bond for you.

A secured bond is the only type of bond that will require full payment. With a secured bond, the defendant will give a signed document of a security interest to an asset that is worth the total amount of the bail.

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.

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