Administration order
A Magistrates' Court debt-administration order that restructures qualifying debts through a controlled payment process.
Definition
An administration order is different from ordinary debt review and should be checked against the debtor's income, total debts, creditors, existing judgments, court order, administrator details, payment distribution, costs, and whether the statutory route is still appropriate for the debt position. The documents matter before anyone assumes a creditor may or may not continue enforcement.
Key takeaways
A Magistrates' Court debt-administration order that restructures qualifying debts through a controlled payment process.
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Related legal problems
This glossary provides general information only and does not constitute legal advice.
Common situations
Administration order
Debt repayment order
Debt enforcement during repayment
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Banking and FinanceFAQs
Administration order FAQs
What does Administration order mean?
A Magistrates' Court debt-administration order that restructures qualifying debts through a controlled payment process.
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