And for example if that area is North Carolina, they may go bankrupt when a hurricane hits NC & does billions of dollars in flooding damage across the state.That said, I’d recommend everyone go to AMBest.com and check the rating of your insurance company before signing up for insurance.

However, this is almost always protection from liability of debts incurred during the normal course of business, ie, if the business fails, the business goes bankrupt while the owner isn't liable.

Don't use fly by night fixit men, go with a trusted team in the area who won't bankrupt and rob you blind.  

When a market is slowing, builders are the first ones to go bankrupt.

While all other developments went bankrupt and shut down with the crash in 2009, the VR dev continued to grow an average of 6% every year.As has been mentioned already, the cons include relatively high startup costs due to size/quality of the house and furnishings, management intensive, and meeting restrictions. 

He was over-leveraged, the rules changed, and he went from a multi-millionaire to bankrupt in a matter of months.Wise investors work hard, save up, and put skin in the game.

Ever wonder how Donald Trump strategically goes bankrupt so many times and yet he is personally very wealthy?

I would rather wait and get a great deal that will allow me to make a profit than rush to burn everything and get myself bankrupt. 

This is how he became bankrupt.

If you feel the tenant is fixing to go bankrupt as a brand then might be good to negotiate and take what you can get.