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What is a bondability check?

Updated: 9/22/2023
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Q: What is a bondability check?
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Surety is providing a guarantee for another party. A letter of surety is a document the confirms the terms and conditions of said guarantee. Sometimes called a "Bondability Letter", it declares the name of the entity providing surety and under what conditions surety is proffered. The act of surety is normally demonstrated in the form of a surety bond. The most common bonds are performance, payment, bid, license, permit and financial guarantee.


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Why does an employer ask whether your are bondable have traffic violations or have been bankrupt after you have filled out an application and have been hired?

Bondable - He wants to know if you can be trusted to deliver money or valuables. Traffic violations - He wants to know if you can be trusted driving a company vehicle. Bankrupt - I don't think he is normally allowed to ask this. But it might be a condition of bondability. It might also be that someone is trying to garnish your wages illegally. If you have declared bankruptcy, that attempt is illegal if the bankruptcy discharged the debt. This is a scam unscrupulous creditors often try.


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