The MAP eligibility tests
Income at or below the low-income threshold — typically limited to state benefits, tax credits, or very low earned income. Full-time employed people usually do not qualify.
Total assets worth £2,000 or less (excluding a vehicle up to £3,000 if used for essential purposes).
No single asset worth more than £1,000 (with the vehicle exception).
No ownership of a home. Any homeownership disqualifies you from MAP, even if the property has negative equity.
Total debts between £1,500 (minimum) and £25,000 (maximum).
Why the criteria are strict
MAP is intentionally targeted at people with very few resources. It offers a low-cost, fast route out of debt but requires that your circumstances genuinely fit — otherwise Full Administration sequestration is more appropriate.
If you narrowly miss MAP criteria (income slightly over threshold, one asset slightly over £1,000), Full Administration is the alternative.
What "assets" means
The £2,000 asset limit excludes normal household goods (furniture, clothing, personal items) and one vehicle up to £3,000 if used for essential purposes.
Savings, investments, pension contributions above what is reasonable, and second vehicles all count. Small ISAs and modest premium bonds typically count too.