Write off you debts under £15K

[Brown and Boris]

From 1/4/9 apparently.

As long as you don't own a house, have not more than £300 in assets ( I am presuming they mean in the bank not including everything you own in the world) and have not more than £50 a month in 'disposable income' (which I presume means after paying for Sky, Sunny Delight and ciggies).

I can see the point in terme of the fact that kind of debt with people with so little is probably costing more to keep live than to colect, and not much chance of that, but FFS, they did have the loan and spent it.