Can I be bonded after a bankruptcy? The short answer is yes, yes you can.
Getting approved for a surety bond after a bankruptcy depends on two main factors:
If you have an open bankruptcy, this does not mean you will be automatically declined for a surety bond, it just means you might need to pay more. With an open bankruptcy, you might need to provide collateral (property, assets, etc) in addition to paying for your bond.
A bankruptcy will affect your chances of getting any type of surety bond, but some bonds are affected more.
*Some jobs might require people with bankruptcies to get a Fidelity Bond before they are hired. There is a market for Fidelity Bonds for high-risk applicants. It is possible to get bonded. Be honest with the surety company when applying for your bond and they might be able to work with you.
The US Department of Labor has a program for high-risk applicants who need to get a Fidelity Bond for employment. Get your bond today.
Surety Solutions can work with you. Getting started is as easy as selecting your state, entering in some personal information, and getting a quote.
We’ve bonded people who never thought they would get approved for a bond.
Concerned about applying for a bond? Give us a call at 866.722.9239.
Related Links:
How To Get a Surety Bond With Bad Credit
The Important Connection Between Your Credit Score and Surety Bond