What is bankruptcy and its implications?Play06:25 Source: Getty ImagesAustralia ExplainedView Podcast SeriesGet the SBS Audio appOther ways to listenApple PodcastsYouTubeSpotifyListnrDownload (11.76MB) 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 episodesUnderstanding Indigenous knowledge of weather and seasonsUnderstanding sexual consent: Why it matters for everyoneUnderstanding how pharmacies operate in AustraliaHas your sleep been affected since migrating to Australia? You’re not aloneRecommended for youPolitical football: Is misinformation about riots in Amsterdam further fuelling social division?Why Iraq's first census in 27 years is sparking concerns among the country's minoritiesSBS wins Australian podcast publisher of the year for the third straight year'There is a pathway through for Australia': The Governor-General on conflict, care and social cohesionThe misinformation bill was axed. How else can we combat the ‘biggest global risk’?Tips to answer English language test question typesEnglish for Parents