[Centurion2000]

Unfortunatley, you can't do due dilligence on everything, otherwise you'd never be able to do a transaction

Actually you can ... it's called cash.

[joesbucks]

With regard to the bankruptcy reform questions, you are right. With regard to all transactions, if you did the necessary due diligence to bullet proof yourself during the purchase process, then little would get transacted. Insuarnce matters, investment matters, housing transactions, even food purchases.