Hutton talks, people listen,"PaineWebber - had 161 branch offices in 42 states and six offices in Asia and EuropeMerry-Go-Round - the darling of Wall StreetMCI WorldCom - Long Distance Discount ServicesEastern Airlines - largest airline bankruptcy in U.S. historyEnron - 22,000 employees and claimed revenues of $111 billionWoolworth's - the model for five-and-dimes throughout the U.SPan Am - an international airlineStandard Oil - dominant oil company in the worldPullman Palace Car Co - company had a long and illustrious businessArthur Andersen - resulting in the loss of 85,000 jobsGeneral Foods Corp. - the makers of Kool-AidTWA - declared bankruptcyDeLorean Motor Co. - went into receivership and bankruptcyAlong with:Lionel Corp.

Also "recycling" people requires you to go through a foreclosure, which they could still file bankruptcy, you go a year without getting a payment and they trash the place. 

.#1 - paid 75K, with 1,900 of mthly gross rents (tenants in place), in good condition, and tenants paying all utilities except water/sewer#2 - paid 77.5K, with 2,500 of mthly potential gross (bankruptcy sale, 2 units vacant at the moment), also in good condition, w/ landlord paying for common boiler heat, as well as water/sewer.

If you file bankruptcy on the entity, the loan can turn full recourse to the guarantor. 

Currently, one of my long-term employees is on the brink of financial bankruptcy due to the significant health care costs associated with her teenage daughter’s severe mental health illness.

11>Bankruptcy cases will increase.12> President will get re-elected for his "fantastic" "bigly" handling of the situation.13> We await the next disaster.

There are high yield savings that pay near 2%, so you can get some interest, but also keep the money secure.Note that Texas law states, "The tenants claim to the security deposit takes priority over the claim of any creditor of the landlord, including a trustee in bankruptcy."

However, in certain cases people may be late on a payment or two, or sometimes have a bankruptcy on their record. 

The qualification acknowledgment form should list your qualification requirements (ex:  no bankruptcy, income requirements, minimum credit score, etc...).

Owners were going into bankruptcy so we stole it.