In Oklahoma, we can go to a website (www.oscn.net) that provides records of any court actions (traffic infractions, bankruptcies, sued by lender, domestic abuse, etc.) for all 77 counties.  

A reckless partner can bring down all YOUR assets.There have been many examples where a partner going through bankruptcy, foreclosure and divorce have brought down a partner NOT going thru B,F & D. 

@Daniel Mohnkern Keep in mind that anyone can setup an LLC or bankruptcy remote vehicle. 

Worst case scenario I can throw the property into bankruptcy the day before the foreclosure, drag my feet filing schedules, and buy myself another month or two to get the property stabilized. 3.  

Supreme Court ruled that inherited IRAs are not protected from creditors in bankruptcy.

The federal bankruptcy court would appoint a trustee to take over the company.

Or, they have really bad credit, like they are late on everything and or have too many accounts in collection are in bankruptcy or have outstanding federal tax liens or judgments.

When the first tenant that has a 600 credit score with no obvious red flags applies like felony or bankruptcy applies, can the tenant say that if I don't rent to that person then I didn't make a good faith attempt at re-renting the place?

I filed chapter 7 bankruptcy 2 years ago.

I had a bankruptcy client with one of those small interests (from an inheritance) take it into the bankruptcy with a value of $40 based on what someone had offered them.