What is bankruptcy and its implications?06:25 Source: Getty ImagesAustralia ExplainedView Podcast SeriesFollow and SubscribeApple PodcastsYouTubeSpotifyListnrDownload (11.76MB)Download the SBS Audio appAvailable on iOS and Android The number of Australians in financial distress is on the rise prompting warnings of more personal bankruptcies as the national economy slows down.ShareLatest podcast episodesAged care jobs in Australia: how migrants are bridging gaps and building careersDating or matchmaking: How to find a partner in AustraliaHow to navigate Australia’s ICT workforce as a skilled migrantWhat are Australia’s fishing laws and rules?