When I went to sell the buyer's title company would not settle, AND my Title Insurance underwriter had gone bankrupt. 

It looks great because if you get sued for slippery stairs for 500,000 dollars but only have 200,000 for your house or cash reserves in the bank, the LLC would go bankrupt, but not you.

Probably that they got off light with some small procedural changes and a reasonable fine they can pay with cash on hand, compared to going bankrupt.

You're going to bankrupt yourself putting up a $2.5 mil building trying to save 6% (of land cost, no less) on the agent's fee.  

Bottom line: if you are taking the plunge and investing in a 400k property in future with an accepted offer, $400 inspection is imperative to ensure you don't miss a very expensive mistake that could bankrupt you.

It only takes one bad lawsuit to bankrupt you.

Covid has caused numerous restaurants and businesses to go bankrupt and shut down, the things that drew people to city life are no longer available, that will also cause an exodus, especially with no real end to the SF lockdown in sight.

She knows she has to pay the balance and is considering going bankrupt.

Don’t forget that Robert went bankrupt several times and his accountant is under investigation by the feds last I heard online 

The risk of making a mistake is high and the cost of a mistake can bankrupt a buyer or seller.Have you ever bought or sold a house?