Click to verify BBB accreditation and to see a BBB report.
McAfee Secure sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams
Follow us on twitter!
  #1 (permalink)  
Old 11-06-2008, 09:58 AM
Senior Member
 
Join Date: Sep 2008
Posts: 106
Default Prenup

I understand that if you are married then your spouse must also co-sign the agreement, but what if you have a prenup? Does this affect your ability to get approved for the bond?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 11-06-2008, 11:01 AM
Senior Member
 
Join Date: Oct 2007
Posts: 401
Default Prenup

Quote:
Originally Posted by grasshopper
I understand that if you are married then your spouse must also co-sign the agreement, but what if you have a prenup? Does this affect your ability to get approved for the bond?
Having a prenuptial agreement in place will not affect your chances of being denied or approved for a bond.
If you do have a prenup; however, your spouse will not have to sign the indemnity agreement.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 11-06-2008, 05:03 PM
Senior Member
 
Join Date: Sep 2008
Posts: 106
Default

Is it looked more favorably though if you are married without a prenup, so that they have twice as many people to hold liable?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 11-09-2008, 05:37 PM
Surety Professional
 
Join Date: Oct 2007
Posts: 558
Default Wage & Welfare Bonds

Quote:
Originally Posted by grasshopper
Is it looked more favorably though if you are married without a prenup, so that they have twice as many people to hold liable?
Not necessarily. The only reason Surety requires spousal indemnity is to keep the Principal from transferring assets to a spouse to avoid having to pay Surety back in the event of a claim.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 12:45 AM.


Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.1.0
©2005-2008 JW Bond Consultants, Inc. All rights reserved.