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Minimal Assets Process - MAP

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Minimal Assets Process, do you qualify for a MAP

This section covers the Minimal Assets Process, what debts can be included in a MAP and the criteria to qualify for a mininal assets process bankruptcy

The Minimal Asset Process (MAP) debt solution can give you a fresh start by writing off debts that you can’t repay within a reasonable time.

It's aimed at people with a low income and not many assets, and is cheaper and more straightforward than sequestration bankruptcy.

Minimal Assets Process MAP

This solution is only available to people living in Scotland.

If you live in England, Wales or Northern Ireland you may be able to apply for a debt relief order, which is a similar solution, but it's important to note that it has different benefits, risks and fees associated with it.

As long as the specified criteria are met, you can apply for your own bankruptcy via the Minimal Asset Process and potentially be free of unsecured debts within six months.

Is An MAP Right For Me?

Our specialists can quickly check if an MAP is the right thing for you to do.
Simply call the team on 0800 36 88 133, or take the "Can I Get A MAP" test and and see if you qualify online.

Who can apply for Minimal Asset Process

To apply you must meet the following conditions:

  • Debts of at least £1,500, but not exceeding £17,000
  • Total assets must not be worth more than £2,000, with the value of individual assets being less than £1,000 (an exception being a car, which can be worth up to £3,000)
  • You must live in Scotland but not own your own home
  • Money advice must be provided by an recognised expert who guides the application process
  • You must have no disposable income available to repay debts, or you must have been in receipt of certain social security benefits for a minimum period of six months
  • Sequestration must not have been awarded during the previous five years
  • You must not own any land

How Minimal Asset Process (MAP) works

To apply for Minimal Assets Process you need to pay a fee of £90. The full amount needs to be paid and there are no exemptions or reductions available.

You’ll also need to get advice from an approved money advice organisation. You can’t apply without doing this.

Is An MAP Right For Me?

Our specialists can quickly check if an MAP is the right thing for you to do.
Simply call the team on 0800 36 88 133, or take the "Can I Get A MAP" test and and see if you qualify online.

  • Last updated 21 March 2018

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