Question 1

How does the bail bond process work?

Accepted Answer

Step1:  Judge Sets Surety Bonds

Step 2:  Contact Smith American Bail Bonds - Bail Bond Agency Of Indiana at 317-531-5447

Step 3:  Once you have contacted Smith American Bail Bonds - Bail Bond Agency Of Indiana, they will advise you that the indemnitor also known as the individuals who will be paying the surety bond must be the age of 18 years or older and must be a United States Citizen. If you are not a US Citizen, then you will be required to have a co-signer who is an Us Citizen and over the age of 18 years.

Step 4:  Smith American Bail Bonds - Bail Bond Agency Of Indiana will also require the incarcerated individual's name also known as the defendant to verify his or her charges and bond amounts. Smith American Bail Bonds will verify all necessary information over the phone.  
 
Step 5: Once Steps 1 – 4 have been completed Smith American Bail Bonds - Bail Bond Agency Of Indiana will advise you that you need to come to one of the two locations they must post the surety bond. Before you go to the location of Smith American Bail Bonds - Bail Bond Agency Of Indiana, they will also give you the option to pay the surety bond through their online process which will eliminate you having to travel. Smith American Bail Bonds - Bail Bond Agency Of Indiana will also advise you if you are eligible for paying 8% on the surety bond.

Step 6: Once you have arrived at Smith American Bail Bonds  - Bail Bond Agency Of Indiana you will be required to fill out confidential paperwork along with an indemnity agreement. An Indemnity agreement means that you are liable for  The whole surety bond amount if the defendant fails to appear in court. You are also obligated to ensure that the defendant will appear at all his court dates. Some bonds require collateral. In the event you are required to pay collateral keep in mind you still must pay the 8% or 10% of the surety bond. Smith American Bail Bonds  - Bail Bond Agency Of Indiana only takes collateral only is the surety bond the judge sets is extremely high and the defendant poses to be a flight risk. If Smith American Bail Bonds - Bail Bond Agency Of Indiana  take collateral the property needs to be worth the face value of the bond. If the bond is $80,000.00 the property needs to be appraised between $70,000.00 and 80,000.00

Step 7: Once you have met the bail agent at Smith American Bail Bonds - Bail Bond Agency Of Indiana  and all required documents are completed and the bond amount has been paid the bail agent at Smith American Bail Bonds - Bail Bond Agency Of Indiana will post the bond in the county jail the defendant resides in so they can be released. Once the defendant is released, he will need to contact Smith American Bail Bonds - Bail Bond Agency Of Indiana within 48 hours from release so he can fill out his or her defendant application. The defendant will also be required to check in by phone every Friday by phone.

Question 2

What's a surety bond?

Accepted Answer

A Surety Bond is a bond that is set by a judge and is required to be paid and processed through a bail bondsman. Once the surety bond has been paid through a bail bondsman and all bail bonding requirements are met the defendant will be released.  Surety Bond. Surety bonds are 10 percent or 8 percent of the total bond ordered in a case and must be posted with a licensed bail agent. The bondsman then posts bail with the court on your behalf. This type of bond is not refundable. Example: Judge Jill orders a $1,000 surety bond.

Question 3

What's a cash bond?

Accepted Answer

A bond allows an arrested person (defendant) to be released from jail until his or her case is completed. A $5.00 Death Benefit Fee is added to all bond payments. For example, if you have a $500 cash bond, you will pay $500 plus the $5.00 benefit fee for a total of $505.  You pay the full bond amount or 10% of the cash bond amount if the judge decides to set a 10% cash bond. If the bond is set at $50,000.00 you must pay the full amount and if the judge sets the bond to a $50,000.00 10% cash bond you must pay $5,000.00.

Question 4

Are Bail Bond Companies open 24-hours?

Accepted Answer

Yes! Smith American Bail Bonds provides 24-hour bail bonding services. They are known to provide speedy and reliable bail bonding services.

Question 5

Are bail bonding companies open of holidays?

Accepted Answer

Yes! Smith American Bail Bonds are 24-Hours and are open on all holidays.

Question 6

What is the role of a bondsman?

Accepted Answer

A bondsman provides financial support for bail.

Question 7

How much is the fee?

Accepted Answer

It’s usually a percentage of the bail amount. The bail bond percentage in Indiana is 8%.

Question 8

Is collateral needed?

Accepted Answer

At times, a bond agreement may be required to ensure that the defendant does not pose a flight risk.

Smith American Bail Bonds - Bail Bond Agency Of Indiana 317-531-5447

317-531-5447

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Frequently Asked Questions About Indiana Bail Bonds

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