I guess with a bunch of loans not paying and then all of a sudden they have to retain legal the deals go from profit to loss pretty quickly one borrower i know personally we into them for millions and the borrower sued them (BS suit by the way) and then they had to file judicial on all his 30 or so loans.. then He went BK and they had to pay to wrangle through that.. plus this borrower filed material man liens behind their loans so they could not even do workouts and they had to pay to litigate all that.. so you can see I bet the defaults and subsiquent legal fee's and then super bloated overhead did them in.

Which by the way is a tort (civil violation) called "fraud in the inducement. https://legal-dictionary.thefr...Lie to owners about the actual market value of their home.Make their money by marketing a home for sale when they don't own it. 

I've done civil design & permitting in areas of DFW and would be happy to answer any other question you may have. 

Kristine Marie PoeYou are absolutely correct that as investors we should always consider exposure to risk of litigation & having a license may open up another area of vulnerability.

If I were involved in trust litigation, I could probably get the information of the Settlors pretty easily if it is related to the case.

If anyone has a good litigator for this sort of thing in the Chicago area I would value the referral.

It can also be a factor in any landlord tenant litigation. 

Hello Bigger Pockets community, I am looking for recommendations for attorneys with experience in Litigation and Receivership and who have a license to practice in Washington state. 

The plumber usually just does the rough in and you get a handyman for the sheetrock and repaint stuff.I would think more litigation would be for patching things on the cheap and then the problem gets worse and the tenant suffers.

To piggy back on what @James Miller and @Scott Hildebrand already said; with how prevalent legal zoom is and how readily available these templates are in circulation, I would think it's fairly likely that the litigation guys have already combed through those bad boys and know how to poker every hole possible in their validity.Just an assumption, but definitely something I'd be mindful of.