3. Who can apply for Interbank Debt Relief Plans in Hong Kong? Must I fulfil any criteria to apply for IDRP?

Anyone with multiple debts who finds it hard to repay their loans can apply for IDRP in Hong Kong.

You can apply for IDRP even if your debt is less than $100,000. However, your debt amount should be a minimum of 10x your (the debtor’s) monthly salary.