Bankruptcy Case 12

Age: 40


Occupation: Paramedic


Annual Income: $90,000.00


Reason for Bankruptcy: Domestic discord/relationship breakdown


Assets to be surrendered: Nil


Secured Debt: $6,200.00


Unsecured Debt: $30,500.00


Unsecured Debt Breakdown:


Credit Cards $0.00


Personal Loans $30,500.00


Telco $0.00


ATO $0.00




Summary: Breakdown of a relationship resulted in the persons financial situation deteriorating to the point that bankruptcy became the only option.