We strive to provide incarcerated people in Arkansas and their loved ones with a safe and convenient way to be bailed out of jail, so that you don’t have to bear the full burden of the cost right now. We work with the state of Arkansas to bail people out of jail in less time, so that you don’t have to deal with the remainder of the legal process from behind bars.
How Much Do Bail Bonds Cost in Arkansas?
There are more than just the cost of the bond that you should factor into your cost calculations when you’re seeking bail bonds in the state of Arkansas.
First, there are bail bonds premiums. These are what you’d pay to the bail bond company that you’re working with. Arkansas state law mandates that all bail bonds companies collect no more than a premium of 10% of the total bail amount, within $5. There’s a $50 minimum premium for bonds greater than $500, and a $500 minimum premium set for any bond that’s $500 or less. So even on smaller bond amounts, you can expect to pay at least $500 or so.
In addition to that, there are administrative fees that need to be covered on every bond posted.
Those fees typically include:
- A $20 fee for the incarcerated person’s public defender
- A $20 administration fee
- A $20 state fee
- A $20 county or city bond fee
These cover the basic costs of a typical Arkansas bail bond, but the amount can vary depending on the amount of the bond posted, and the company that you’re working with.
Terms and Conditions of Arkansas Bail Bonds
Here are a few basic things you’ll need to know to get the bail bonds process started:
- The full legal name and the date of birth of the person incarcerated.
- The full list of charges that the incarcerated person has been charged with.
- The monetary amount of the bond placed.
The premium, fees, and any other expenses are due from the time that the bond is written. Financing is often available, but it depends on the amount of the bond posted. The bond amount will also determine whether or not any collateral is need to cover the amount of the bond.
If collateral isn’t needed, sometimes a co-signer will be required for the bond. That co-signer is referred to as an indemnitor. The ability to be a valid indemnitor depends on whether or not that person meets the necessary requirements set by the bail bonds company.
However, if it’s decided that collateral is required to secure the bond, there are several different types of collateral that are available to be utilized. You can use…
- Some kind of property or real estate. The lien to which would be held as collateral by the bail bonds company, and returned to you once the premium has been paid and after the final court appearance.
- Vehicles that are owned under your name. The title can be given to the bail bonds company as collateral, and returned in the same way as a property lien.
- Other forms of collateral can be considered acceptable, but only if it meets the minimum value requirements and depending on the amount of the bond posted.
Any collateral used will typically have to be valued at equal or greater worth than the amount of bail posted to be considered usable.
Other Regulations You’ll Need to Know
It’s important to note that when you enter into an agreement with a bail bonds agency, you’re also entering into an agreement where the incarcerated person has to appear in court. Failure to appear is considered a misdemeanor at the very least, but is often considered a Class C felony, so court appearances should be taken extremely seriously. Just show up to the court date: period.
The History, Availability, and Current State of Bail Bonds in Arkansas
There are currently four states that don’t allow bail bonding: Illinois, Kentucky, Wisconsin, and Oregon. But bail bonding is commercially available in Arkansas.
Making headlines in March of this year, Rep. Nate Bell fought against L.E. Peters, the director of the Bail Bond Licensing Board of Arkansas. Rep. Bell wanted bail bondsmen to carry firearms and to be able to commit invasive law enforcement-style actions such as search and seizure, and even use of the firearms.
But Director Peters was concerned about a lack of training that would accompany the use of such drastic bail bonds enforcement, and strongly advocated for a ban on firearms in the hands of Arkansas bail bondsmen. Peters’ opposition to Rep. Bell’s irresponsible proposal was backed by many bail bondsmen who disagree with Bell’s standpoint on the ability of bail bondsmen to carry and use firearms in the state of Arkansas.
According to Peters, “Any respectable bail bond company owner or anybody in the industry that’s trying to make the business better; you get caught with a gun and you’re going to get frowned at. That is not their job to carry a gun.”
That sentiment is supported by many bail bonds companies throughout the state of Arizona who want to make the bail bonds process more professional, civil, and beneficial to members of the community, and is championed by the Director of the Bail Bond Licensing Board himself.
All bail bonds companies in the state of Arkansas have to go through an extensive licensing process in order to operate. This measure is ensures a safe and legal bail bonds procedure for everyone utilizing their services.
What We Do
Bail bonds companies in Arkansas allow people to pay a smaller percentage of the court-mandated bail amount for an incarcerated person’s freedom. They’ll front the cash needed to cover the bail amount as a guarantee that the incarcerated person will appear in court. It’s sort of like having a co-signer help ease the legal and financial burden of the Arkansas penal system.
While bail can be paid by anyone willing to cover the bill; like friends, family, or by the incarcerated person themselves, a bail bonds company like us can cover the cost if the bail is set especially high, or if some financial help is needed in paying the full cost of the bail amount.
For people who don’t necessarily have the kind of cash lying around that’s needed to cover all the legal fees and bail costs that follow a period of incarceration, bail bonds companies can provide some relief. For more information, visit our application page to get financial relief today.