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What happens if you lose your job after the loan contingency expires?

I’m in the process of purchasing a home. I can’t keep my mind of the worst case scenario of possibly losing my job after the loan contingency expired but before closing day. Does anyone know what would happen or seen it happen? I’m scared of being bankrupted by the seller suing me for breach of contract.

To be clear I have a job and expect to keep it but I can’t seem to find an answer anywhere online about this scenario.

submitted by /u/OnMyThrowAwayITroll
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source https://www.reddit.com/r/RealEstate/comments/gb8lve/what_happens_if_you_lose_your_job_after_the_loan/
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