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'''Bankruptcy''' is when you have no [[money]]. You may also be considered to be bankrupt if you owe more money than you have. The federal statute that deals with bankruptcy is [[Chapter 13]]. When you are bankrupt you have to sell your possessions and your [[home]].
'''Bankruptcy''' is when you have no [[money]]. You may also be considered to be bankrupt if you owe more money than you have. The federal statute that deals with bankruptcy is [[Chapter 13]]. When you are bankrupt you have to sell your possessions and your [[home]]. Before going bankrupt, mortgage all properties and be sure to sell any [[house]]s or [[hotel]]s you may have left over on any property. All assests go to the player who bankrupted you.
[[Category:Economics]]
[[Category:Economics]]