Oregon Order Setting Bond is a legal term used to describe a type of bond that is set by the court for individuals who have been charged with a crime in the state of Oregon. In order to obtain release from custody before their court appearance, the defendant may be required to post a bond as a form of assurance that they will attend all future court proceedings related to their case. The purpose of an Oregon Order Setting Bond is to provide a financial incentive for the defendant to comply with the legal process and ensure their appearance in court. This bond is typically set by the court judge and is determined based on various factors, including the severity of the offense, the defendant's criminal history, and the likelihood of the defendant fleeing the jurisdiction. There are different types of Oregon Order Setting Bonds that may be imposed depending on the circumstances of the case: 1. Cash Bond: A defendant can post the entire bond amount in cash directly to the court. If they attend all court hearings, the cash will be returned to them at the resolution of their case, regardless of the outcome. 2. Surety Bond: This type of bond involves obtaining services from a bail bondsman or a licensed surety. The defendant pays a non-refundable fee, usually a percentage of the total bond amount, to the bondsman who then posts the bond on behalf of the defendant. The bondsman assumes responsibility for ensuring the defendant's appearance in court and in case of non-compliance, the bondsman is liable for the full bond amount. 3. Property Bond: A property bond allows the defendant or their representative to offer property as collateral to secure the bond. The value of the property should exceed the bond amount. Failure to comply with the legal process may result in the foreclosure and sale of the property to cover the bond amount. 4. Release on Own Recognizance (ROR): In certain cases, the court may grant release without requiring the defendant to post any bond. This is typically reserved for individuals with minimal flight risk and a low probability of committing further offenses. It is based on trust that the defendant will appear in court as required. It is important to note that the specific type of bond imposed will vary based on the judge's discretion and the circumstances of the case. Defendants should consult with their attorney to understand the specific requirements and options available to them when it comes to an Oregon Order Setting Bond.
Oregon Order Setting Bond
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FAQ
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.
SB48 becomes effective July 1, 2022. The law is codified in Oregon Revised Statute 135.233, and by order of the Chief Justice of the Oregon Supreme Court, requires release from custody those suspected of committing certain classifications of crimes without security (bail).
By buying a bond, you're giving the issuer a loan, and they agree to pay you back the face value of the loan on a specific date, and to pay you periodic interest payments along the way, usually twice a year.
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 you violate any terms of the release agreement, the court may order the security deposit amount forfeited to the government. Any refund will be made payable to the person who posted the money (unless otherwise ordered by the court).
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.
Oregon has their own state run bail bond program. This means that if you need to bail someone out of jail in the state of Oregon you must go directly to the jail where they are being detained. In the State of Oregon you will pay cash for the full amount of the bail at the jail in person.
Refunds are disbursed to the person posting the bail once the case is closed or exonerated and will be mailed to the address listed on the bail receipt. If a change of address is needed, a written request must be submitted to the court by the person posting the bail.
