A review of the low income, low asset (LILA) route into bankruptcy, published in October 2008, is available on the Accountant in Bankruptcy website at www.aib.gov.uk. Based on a sample of 2,011 debtors who became bankrupt between 1 April 2008 and 31 July 2008, the report found that the average LILA debtor has around £17,288 of debt and the majority of debt...