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Being bondable with a bankruptcy can depend on several factors, including the type of bond required and the specific policies of the bonding company. Some bonding companies may consider applicants with a bankruptcy, particularly if it has been discharged and sufficient time has passed since the filing. It's essential to disclose the bankruptcy during the application process and demonstrate financial responsibility afterward. Ultimately, the decision rests with the bonding company and their assessment of the overall risk.

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2mo ago

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Related Questions

Is everyone bondable?

People with criminal records are not bondable.


Can a person who declared bankruptcy be bondable?

Yes, a person is still bondable. They just have to be able to pay their bond or have a clear background check to be bondable.


Are you still bondable with a criminal background?

Depends on the state.


Is a person bondable after being convicted of sexual assault?

Yes, a person is still bondable after being charged with an assault. A person is only unable to get bonded if charged with a felony.


You applied for bankruptcy in December 2007 you have recently applied for a loan and it seems to have been accepted Is it illegal for you to carry on with the application?

If your bankrupcy isn't complete, it would likely be a violation of the terms of your bankrupcy with the court. The court could then choose to deny your claim of bankrupcy. If your bankrupcy filing is totally complete, depending on the type of loan it is not unusual (except now with todays credit crisis) to be approved for a loan simply because the company approving the loan knows that you can not file for bankrupcy again for a relatively long period of time.


When can you claim your pension?

if you claim bankrupcy can it effect your pension


What is potentially an extreme result of low production?

bankrupcy


What can you do in a company if you are bondable?

Being bondable means you can be insured against theft or dishonesty, which is particularly valuable in roles that involve handling money, sensitive information, or valuable assets. In a company, bondable employees can take on positions in finance, accounting, or management where trust is paramount. Additionally, being bondable can enhance your credibility and open up opportunities for advancement within the organization. Employers may be more inclined to assign you responsibilities that require a higher level of trust and integrity.


Is filing for bankruptcy ever a smart choice?

Yes if you financially need to take that step. Filing for bankrupcy is not always bad, a lot of bankrupcy lawers can help you with lowering your debt.


Is a person bondable after being granted deferred adjudication for misdemeanor theft?

A person is bondable if they can find someone who will carry the bond. In this case, you can probably find someone to insure you, you just may have to pay a higher premium.


Claim bankruptcy of your car for dwi lost?

can file bankrupcy if i lose my car


Does a vet need to be bondable?

No, but veterinarians in private practice should have professional liability insurance.