Bankruptcy Impact On Agent!

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PostPosted: Thu Dec 18, 2014 4:50 pm   Post subject: New insurance license  

Hello, i just got a license and got a job offer from Allstate agency, they require to fax my credit report before I am officially hired. I am so worry since I have bad credit due to financial hardships in the pass and still issue me today.

I don't know what should I do now, can I still fax my credit report since I know they will find out about my credit history and take back their job offered ?


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PostPosted: Thu Dec 18, 2014 4:50 pm   Post subject: New insurance license  

Hello, i just got a license and got a job offer from Allstate agency, they require to fax my credit report before I am officially hired. I am so worry since I have bad credit due to financial hardships in the pass and still issue me today.

I don't know what should I do now, can I still fax my credit report since I know they will find out about my credit history and take back their job offered ?


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PostPosted: Thu Dec 18, 2014 4:50 pm   Post subject: New insurance license  

Hello, i just got a license and got a job offer from Allstate agency, they require to fax my credit report before I am officially hired. I am so worry since I have bad credit due to financial hardships in the pass and still issue me today.

I don't know what should I do now, can I still fax my credit report since I know they will find out about my credit history and take back their job offered ?


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PostPosted: Fri Dec 19, 2014 1:53 pm   Post subject:   

Bad credit, good credit, no credit. You don't have to send them a copy of your credit report, they already have access to it if they have your Social Security Number. But if your credit history determines whether you get a "job" or not, then you have to live with whatever credit history you have and the consequences of your past.



What will happen if you don't give them the information they ask for? No job offer.



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PostPosted: Thu Sep 17, 2015 10:18 pm   Post subject: FL Insurance License  

Can someone obtain a FL Insurance license if they were barred from the NASD less than 10 years ago for misappropriating client funds to pay personal gambling debts?


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PostPosted: Mon May 09, 2016 8:38 am   Post subject: Bankruptcy  

My wife and I have two different companies that deal in real estate and construction, plus I am an insurance agent with a Series 6 and 63. Our two company have been struggling for the last 4 years due to a corrupt contractor. We have tried to work our way out of it but 2015 took even a bigger toll on us with no houses selling. We are now over our heads in debt and am running out of options. We are like most, personally guarenteed on those debts that our in our company name. I know that if we file on the companies we will also have to file personally. Will and could I lose my license's with my insurance company?


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PostPosted: Fri Jan 20, 2017 6:46 pm   Post subject: Is this blog still in operation?  

I have a prior chapter 13 approx 5 years old...will this harm me trying to get an appointment from underwriter?


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