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An Introduction To Low-Income Low Asset Bankruptcy LILA 

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Get Debt Help Now
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​​Lower Monthly Payments & Write Off Up To 85% Of Your Debt. Check If You Qualify!


  • Your Personal Details

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Warwick Lewis

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How your existing debt is managed

Below is a typical example of how your debt solution may work, showing the maximum debt reduction.

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LILA is one of the bankruptcy qualifiers in Scotland. It is designed for Scottish residents who are not homeowners and have a low income and personal possessions valued at less than £10,000, with no asset valued at more than £1,000 (aside from a vehicle, which may have a value of up to £3,000).

When consumers go this route, they do not need to prove apparent insolvency, making this a preferred alternative.

Once the bankruptcy is approved, the consumer is legally protected against further creditor action regarding covered unsecured debts.

Residents of Scotland are normally only permitted to apply for bankruptcy after creditors have begun legal action to recover the money they are owed. LILA offers a way to file for bankruptcy prior to this taking place. The individual must earn less than the national minimum wage for a 40-hour workweek, which is currently £237.20 per week.

Consumers receiving Pension Credit, Council Tax Benefit, Housing Benefit, Working Tax Credit, income-related Employment and Support Allowance, income-based Job Seekers Allowance, and Income Support automatically meet this test, regardless of their actual income.

A LILA bankruptcy normally lasts for one year, after which time covered unsecured debts are written off. Though this path to bankruptcy may seem attractive to those who do not qualify under the traditional route, bankruptcy is a serious way to deal with debt. Credit will be negatively affected for six years from the date the bankruptcy order is issued.

Contact us to learn about the positive and negative aspects of LILA bankruptcy and determine whether this is the best solution for you.

Scottish government guide to LILA

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We could help you write off up to 85% of your debts