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Bankruptcy is a legal status of a person who can no longer repay the debts it owes to its creditors. This can cause alot of stress in people who are experiencing, or have experienced bankruptcy. This FACT indicates the number of bankruptcies per 100,000 persons in the 2016-2017 financial year. Queensland has the largest number of bankruptcies per 100,000 persons whereas the ACT has the lowest number of bankruptcies.