Bankruptcy in my class

We've managed to maintain a really fascinating economy in Banqer - in fact my year 8 class are still really interested in it after so much time.I have been maintaining the habit of copying natural disasters from the news to match our 'Banqer world'. (I do the same with house price rises etc).However some students didn't insure their houses and of course have lost all their chance of ever getting out of debt after a major disaster (which has been an excellent teaching point). They have requested bankruptcy.We've learned that bankrupting a student resets the balances of their everyday and savings accounts back to $0. Any property they own will be sold. If you have credit reporting enabled it will also affect their ability to get personal loans and they will have higher associated interest rates. What great real-world learning!