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But over the next 18 months that buffer will be reduced to £5,000, meaning that many families could face repayments.
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It has net debt of £8m and faces repayments next year.
We now find ourselves facing repayments on the scale of trillions of dollars.
Figures in the latest English Housing Survey, based on research in 2013-14, show that tenants paid an average of 47% of their net income in rent, while those who had taken out a mortgage faced repayments equal to 23% of their earnings after tax.
Because fewer than a tenth of all hospice providers have faced repayment, Medicare officials suggest that management might have been an issue.
Credit card companies approved lines of credit, he said, but now he is behind on those payments and faces repayment at 29.99percentt interest.
With Athens facing repayment of €14.5bn of debt on March 20 – money it does not have – time is of the essence in securing a deal.
In many cases, parents responsible for the student loans are in or near retirement years and facing repayment demands.
Many were embarrassed to learn from The Times' story that combat veterans in their districts were facing repayment demands, and have scrambled to respond.
The bankruptcy filing will give no relief to customers of First Alliance who face high repayments.
That means Greece will still face hefty repayments, and the scrutiny of its paymasters, for years to come.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com