Otherwise you have what is referred to as a snowballing effect.Example those who file bankruptcy maybe only 10% finish the plan and get discharged 3 to 5 years later.

Life Company Carveouts basically say that if you file for bankruptcy, commit fraud or misrepresentation, or have an environmental issue, the recourse is triggered.

No to bankruptcy, my net worth is too high for that and I know theres a better way.

As a debt collection attorney who spends a significant portion of his time trying to ignore the hard work of other attorneys, I see a few different problems from the perspective of your vendors and maybe even the bankruptcy courts if your business turns upside down.

One guy had a bankruptcy in file, and said he didn't want to talk about it.

While there are certain risks that are present in nearly all investments (civil unrest, bankruptcy, natural disasters, etc.), investors should pay particular attention to those risks that are unique to the investment opportunity given the nature of the issuer, its investment plans and the trends within the issuer’s industry.In addition to risks inherent in the investment, there are risks associated with the offering entity and the management team.

Call me self-disciplined or call me an idiot, I didn't believe in bankruptcy.

Hi Anthony,Get a Licensed FL Broker on your team, learn creative financing, I have trained REIs that are broke and have had really bad credit, like a bankruptcy. 

I might add further information that a clause about what the options are in bankruptcy both in chapter 13/chapter 7 perhaps: Bankruptcy Options: I acknowledge that Chapter 13 reorginization or Chapter 7 ligudation is possibly available to me under Federal law.

alright i am looking for some thoughts and/or suggestions on this one. my story: me and a friend were sitting at our desk 1 day pondering our future, as the company i work for is going through bankruptcy.