Do you qualify for LILA bankruptcy? (Applies in Scotland) To qualify, you must meet the following criteria:
You must earn no more per week than the standard national minimum wage for a forty-hour working week – currently £237.20.
You must have no assets worth more than £1,000 individually, and combined assets worth no more than £10,000.
If you receive income-based jobseekers’ allowance, income support or working tax credits, these won’t be included in the assessment of your weekly income, even if you’re actually earning more than £237.20 a week in total.