Consulted with lawyers and here is what they said: Bankruptcy Lawyer said "I represent huge clients with over 1000 doors and 95% of them have the properties in their personal names.

My JV does mentioned what happens in the case of bankruptcy, over budget flip, etc. the basics. 

While NJ does not have homestead exemption, it offers some protection in case of Federal bankruptcy.

Many haven't been able to recover the losses in real estate and many bankruptcies followed. 

NOTHING for all the extra time/effort for monitoring a foreclosure, dealing with bankruptcy counsel, etc., etc.So when we say our best world would be if we never filed another foreclosure, we're "truthin."

Wait until you have an investor die and the spouse becomes your investing partner and decides to sue for you to buy them out, a partition of property interests or business equities.Wait until you investor partner takes bankruptcy and his assets are ordered to be liquidated for the benefit of creditors.

Hello, I'm trying to structure a deal on 4 duplexes, but the seller is in chapter 11 bankruptcy.

Think about the function of an equity contribution vs. debt in the event of any suit, bankruptcy, disolution of the business, incapacitation of a partner and heirs moving in to the company in the evnt of a partners death.

Filing a lien, making it a formal transaction also means that the debt or asset will be covered by law in other issues like death, bankruptcy, etc.

Owning an animal appears to be a disqualifying matter.Now, we all know what you mean, but if qualifying matters must be disclosed by law there's a twist there the way it's stated as a qualification.You're two years more strict about a bankruptcy.