GazetteNews Pakenham declared state’s bankruptcy capital 01/08/2018 FacebookTwitterEmail Mortgage stress is believed to be one of the factors behind Pakenham''s high bankruptcy figures. 183593_01 By Rowan Forster Pakenham has notched the dubious title of being Victoria’s bankruptcy capital. The suburb has the second highest rate of people […] Subscribe or Login to see the rest of the content. Username Password Remember Me Forgot Password