If they go bankrupt you have to get in line with all the other creditors to get pennies on the dollar back.

I would bet 65% of discount/flat-fee brokerages will be bankrupt/out of business within 18 months from today. 

But I went with it.My point is I can’t and won’t go bankrupt at this point in my life.  

But luck is very often a two-edged sword.A third of US lottery winners end up going bankrupt.

If I go bankrupt today, I can get back to RE by 35.

He then said he was going to report me to the town for unpermitted work, that  I had multiple violations that would result in fines, that would not allow me to refi and sale the properties and I would go bankrupt.

My advice is to buy something that won’t bankrupt you even if worst case happens.

It would have taken years, even more people would have gone hungry, bankrupt, divorced - lives destroyed.

Ended up in the military, worked my *** off, borrowed money to go to college, got a job where I could make more money, saved that money, almost went bankrupt building, recovered, and eventually started buying cheap houses for cash which I then fixed up nicely and rented out.

If the agent attempts to help all those people they will go bankrupt.