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Old 09-11-2008, 12:46 PM
Bond Magician Bond Magician is offline
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Join Date: Oct 2007
Posts: 366
Default Local Welders Union 328 Bond

Quote:
Originally Posted by h2o
What if the owner with great credit and no bankruptcy has majority of ownership - for example 80% - and the other one with the bankruptcy has only 20% ownership? Does that make a difference?

In this situation, the 20% owner's credit would still come into play. Any owner with more than 5% ownership will have to have their personal credit pulled.
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