Annual Income: $60,000.00
Reason for Bankruptcy: Excessive use of credit
Assets to be surrendered: Nil
Secured Debt: $0.00
Unsecured Debt: $102,686.00
Unsecured Debt Breakdown: Credit Cards $9,925.00
Personal Loans $92,438.00
Summary: Young person with no way whatsoever to be able to meet debt repayments on current income.