What is bankruptcy and its implications?Play06:25 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 episodesAre you breaching copyright when using social media?Important tips for cycling in AustraliaWhat does January 26 mean to Indigenous Australians?Skin cancer in Australia: What are the risks and how can you protect yourself?