Puerto Rico 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

Hear this out loud PauseSurety bail and private bail bondsmen are not allowed in the state of Puerto Rico, but the following bonds are: A personal recognizance bond, sometimes called an I-bond; A deposit bond, sometimes called a D-bond; or.

If you've missed court dates or skipped bail in the past, or if the court has any other reason to deem you a flight risk, you won't be able to travel. You'll have to stay inside your state while you wait for your trial. If neither of these apply to you, you'll probably be allowed to travel while bonded out.

While a PR bond does not require any money upfront or deposited with the court, the defendant must pay an administrative fee of $40 or 3% of the bond amount to Pretrial Services within 7 days of release.

Hear this out loud PauseThe processing fees for personal bond and personal bond with cash deposit releases vary based on the bond amount set during magistration by the judge. If the bond amount is less than $1334.00, the processing fee is $20. If the bond amount is greater than or equal to $1334.00, the processing fee is $40.

A P.R. bond, also known as a personal recognizance bond, is a type of bail bond that does not require the defendant to pay any money upfront. Instead, the court issues an order releasing the defendant from custody on the condition that they will appear for all scheduled court appearances.

Hear this out loud PausePuerto Rico Bail Bonds Information It is usually between 10% to 15%.

PR Bonds are granted exclusively by judges ? Even if you have a lawyer to speak on your behalf, the only way to get a PR Bond is with the approval of a court judge. Depending on the judge's schedule and the amount of other inmates he/she has to see, your release could be delayed for an indefinite amount of time.

Hear this out loud PauseA personal recognizance bond, also called a personal bond or signature bond, allows you to be released from jail without paying anything. Unlike a bail bond, which calls for you to pay for a particular bail amount, your bond amount simply requires an oath that you will appear in court for your date.

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Puerto Rico Bail Bond Agreement