Does anyone have any experience of LILA,which is used in Scotland.Please post so i can ask a few questions .Thanks in advance,T
Hi there from scotland
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Re: Hi there from scotland
Hi and welcome!
It's a form of insolvency for people with low income and few assets, similar to a DRO (Debt Relief Order): http://www.aib.gov.uk/Services/Legis...plication/Lila
As with every form of insolvency, it should only really be considered as a last resort. Would be useful if you could post up some details about your debts to look at all the options that may be open to you. :typing:
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