If iFunding had gone bankrupt before the closing, those customers would have been royally screwed.  

Large companies insist on having the software escrowed so they will not be cut off if the vendor goes bankrupt.

If the company goes bankrupt, though, then you're out of luck, of course.

If the bank already owns the property then only if the bank goes bankrupt can someone put a lien on it.

Companies like that go bankrupt all the time.

Too many people go bankrupt running backwards awaiting big appreciation to fall from the sky.

Stuff sometimes happens and a developer delivers late, goes bankrupt or other glitches.John Corey

No I'm not bankrupt.

Based on his families experience he thought real estate was a bankrupter while for my family real estate has been another " basket", a real addition to their retirement savings.

You are right Simon, they are all Socialists.They have really wierd stuff in here, I pay socialist taxes to cover healthcare and it costs less than a private healthcare insurance in US.The health cost per capita in US is the highest in the world because it's the best.My wife had to go to the hospital 3 times and did not pay a dime, while sometimes with private insurance you still have to pay a flat fee each time you go there, crazy socialist stuff.My buddy in US had his wife and daughter seek treatment and spent thousands, almost went bankrupt and started smoking, but he likes it.