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If you reach a point where you cannot pay the bank or another player what you owe, you are bankrupt. In the event you owe another player, you must turn over all your properties of value to that person and leave the game. If you own hotels or houses, you must give them to the bank. In return for this you will get 50% of their value in cash that you must turn over to that other player. In the event that you owe the bank, you must turn over all of your assets to the banker who will immediately sell everything by auction except for buildings. As you can see, if you become bankrupt in Monopoly, you will be finished. While it's not quite as bad in real life, a bankruptcy will have some very serious consequences on your finances. For example, it will stay in your credit reports for at least seven years. It will also stay in your public record for the rest of your life. In a worst-case scenario you could miss out on a great job 10 years from now when your prospective employer see that you had a bankruptcy and decides to not hire you for this reason. In addition, a bankruptcy will make it very difficult for you to get new credit for two to three years and when you are able to get credit it will cost you money because it will have a very high interest rate.