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Title Agency Bonds - Bad Credit Title Bond?


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Old 03-19-2008, 11:18 AM
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Join Date: Oct 2007
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Default Bad Credit Title Bond?

I have a major issue I am hoping you may be able to help. I have been working as a Title Agents assistant for 16 years. The Agent that I have been working for is retiring and he wants to sell the business to the 3 employees that have been with him for many years. My issue is that I have a very horrible credit report. I went through a divorce a few years back and was wiped out. The cash for the business that I am putting up is a gift from my mother. My credit is well below 600 and I have a BK and a few tax liens. Do you have any idea if I would qualify to get the bond? I don't want to waste time or money if I can not be a Licensed Title Agent.
Thanks.
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Old 03-19-2008, 01:50 PM
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Join Date: Oct 2007
Posts: 536
Default Title Agency Bond

Quote:
Originally Posted by Bond Guy
I have a major issue I am hoping you may be able to help. I have been working as a Title Agents assistant for 16 years. The Agent that I have been working for is retiring and he wants to sell the business to the 3 employees that have been with him for many years. My issue is that I have a very horrible credit report. I went through a divorce a few years back and was wiped out. The cash for the business that I am putting up is a gift from my mother. My credit is well below 600 and I have a BK and a few tax liens. Do you have any idea if I would qualify to get the bond? I don't want to waste time or money if I can not be a Licensed Title Agent.
Thanks.

I'm reasonably sure we can write this bond for you. We just can't give you an idea of the premium until we actually receive your application. If you do want to apply, please follow this link to the application: https://www.jwsuretybonds.com/title_agency_bond.htm
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