North Carolina Bail Bond Agreement

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Multi-State
Control #:
US-00006DR
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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

RALEIGH, N.C. ? North Carolina Gov. Roy Cooper signed a bill into law Friday that will create stricter bail laws after law enforcement agencies across the state voiced concerns about low bonds for certain violent offenses.

How Is Bail Set in North Carolina? If you have been arrested and taken into custody, it can be a terrifying experience whether you are charged with a misdemeanor or felony. Your first objective will almost certainly be to be released from jail. This will usually involve posting or paying a bail bond.

In the state of North Carolina, there are four ways to get a person out of jail: post the bond yourself, use property for collateral in court, have a judge release the defendant on their own recognizance, or hire a licensed and insured bail bondsman.

How to Get Bonded in NC. If you need a bond for yourself or your business, you can apply for one from a surety company. Obtaining a bond for your business demonstrates a level of professionalism, trust and responsibility on your end.

How Are Bail Bond Costs Calculated? To obtain a bail bond, defendants should expect to pay a minimum of 10% and a maximum of 20% of the full bail amount. The bond amount in North Carolina can reach up to 15%. So, if your bail set is $10,000, you have to pay $1,500 in bail bonds to your agent.

How Are Bail Bond Costs Calculated? To obtain a bail bond, defendants should expect to pay a minimum of 10% and a maximum of 20% of the full bail amount. The bond amount in North Carolina can reach up to 15%. So, if your bail set is $10,000, you have to pay $1,500 in bail bonds to your agent.

You pay a set amount and as long as you show up to your court date you'll get some of that money back (excluding court fees). Property bonds are usually reserved for very high bail amounts and other special cases. The property must be located in North Carolina and the equity must be equal or greater to the bail amount.

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North Carolina Bail Bond Agreement