About: Surrender of debts

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An Entity of Type : owl:Thing, within Data Space : dbkwik.org associated with source dataset(s)

The Dragaeran equivalent of declaring bankruptcy, a businessman will submit a surrender of debts claim to the Dragaeran Empire in exchange for protection from the claims of creditors. Similar to how bankruptcy works in our world, a crafty merchant (such as Vonnith) may be able to avoid seizure of personal assets while in surrender of debts by owning a business under an assumed name, or acting as a pointer. This is the same concept as that of limited liability.

Attributes	Values
rdfs:label	Surrender of debts
rdfs:comment	The Dragaeran equivalent of declaring bankruptcy, a businessman will submit a surrender of debts claim to the Dragaeran Empire in exchange for protection from the claims of creditors. Similar to how bankruptcy works in our world, a crafty merchant (such as Vonnith) may be able to avoid seizure of personal assets while in surrender of debts by owning a business under an assumed name, or acting as a pointer. This is the same concept as that of limited liability.
dcterms:subject	Culture
abstract	The Dragaeran equivalent of declaring bankruptcy, a businessman will submit a surrender of debts claim to the Dragaeran Empire in exchange for protection from the claims of creditors. Similar to how bankruptcy works in our world, a crafty merchant (such as Vonnith) may be able to avoid seizure of personal assets while in surrender of debts by owning a business under an assumed name, or acting as a pointer. This is the same concept as that of limited liability.

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