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The Rules of Monopoly the Board Game
Choosing the Banker in Monopoly the Board Game
Railroads & Utilities in Monopoly the Board Game
Buying Property in Monopoly the Board Game
Buying & Trading Property in Monopoly the Board Game
Controlling Color Groups in Monopoly the Board Game
Houses & Hotels in Monopoly the Board Game
Go Directly to Jail in Monopoly the Board Game
Auctioning Property in Monopoly the Board Game
Free Parking in Monopoly in Monopoly the Board Game
Taking Out a Mortgage in Monopoly the Board Game
Bankruptcy in Monopoly the Board Game
Setting the Rules for Monopoly the Board Game
Game Length in Monopoly the Board Game
Winning at Monopoly the Board Game
Learn the basic rules of the game of Monopoly, including tips on following the rules, in this free how-to … More
Learn about game length, or how long a game lasts, in the game of Monopoly in this free how-to video on th… More
Learn how to choose the banker for the game of Monopoly, including tips on following the rules, in this fr… More
Monopoly has been around for ages. There have been many different versions of the Parker Brothers game. Fa… More
Learn about setting the rules in the game of Monopoly in this free how-to video on the game of Monopoly.… More
Learn strategies on taking out a mortgage in the game of Monopoly in this free how-to video on the game of… More
Learn about the process of bankruptcy in the game of Monopoly in this free how-to video on the game of Mon… More
Family game night brings laughter and friendly competition. Monopoly is a great game to get everyone invol… More
Monopoly has been a favorite board game of Americans for generations. But it can get a tad dull. Trading c… More
The game of Monopoly has seen many iterations over the years. Each version has been customized for movies,… More
Monopoly is a fun family game that can be taken to the next level after hours. If you and your friends are… More
Youth brings back memories of milk and cookies after school, piles of homework and nights of board games. … More
In Monopoly, you roll the dice around a board buying property, houses and hotels. The object of the game i… More
Learn the function of free parking in the game of Monopoly in this free how-to video on the game of Monopoly.… More
Learn the rules on auctioning property in the game of Monopoly in this free how-to video on the game of Mo… More
Summary: Learn about the process of bankruptcy in the game of Monopoly in this free how-to video on the game of Monopoly.
Michale Siverio is a hardcore gamer who is avid about games of all kinds. He enjoys playing everything from card and board games to video and PC games. He has been an enthusiast all...read more
"A player is declared bankrupt when they owe more money than they can pay to either the bank or another player. Bankruptcy can be confusing for all players involved if the rules are not understood. Not adhering to the rules of bankruptcy is yet another way to mess up the mechanics of game play. For this reason, I am going to explain in detail exactly how the process of bankruptcy is supposed to work. These rules should be followed exactly. If a player owes a debt and they cannot pay, the rules are pretty straight forward. You simply surrender all of your assets to the bank. With the exception of buildings of any property turned in, is immediately auctioned off one by one to the remaining players. If one player’s debt is to another player, things can get a little more confusing, so listen closely. First the bankrupt player gives all the money he has to his creditor. Next the bankrupt player must sell all his billings back to the back and also give that money that he gets from the bank to the creditor. All property owned by the bankrupt player also goes to the player owed the debt. If a property is mortgaged, the creditor has a choice. If he is not interested in a property, it then goes up for auction by the bank. However, if the player does want the property he must immediately pay the interest of a loan which is 10 percent of the value of the property. The new owner may then choose whether he would like to pay the principal which is the amount of the mortgage. Upon doing this, the mortgage is then lifted from the property. If the new owner has chosen not to pay the principal, they may at any point later in the game to decide to pay it and lift the mortgage. If the player does this, they must interest on the property a second time. "
eHow Article: Bankruptcy in Monopoly the Board Game
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Comments
seriously1 said
on 8/2/2008 No. He must pay 10% of the value of the MORTGAGE, which is half the value of the property.