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Jenny has incurred substantial debts from various creditors in funding her lifestyle. One of Jennys creditors is Fancy Pants Pty Ltd, who is owed $20,000.

Jenny has incurred substantial debts from various creditors in funding her lifestyle. One of Jennys creditors is Fancy Pants Pty Ltd, who is owed $20,000. The directors of Fancy Pants Pty Ltd want to bankrupt Jenny. Advise Fancy Pants Pty Ltd of the steps they must undertake under the Bankruptcy Act 1966 (Cth) to bankrupt Jenny.

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