An Administration Order is a formal, legally binding agreement between you and your creditors to repay your debts over a period of time.
You can apply to the County Court for an Administration Order if:
- you have at least one County Court Judgment or Higher Court Judgment against you
- you want to stop the people you owe money to (your creditors) from taking further action against you.
A judge will decide whether to grant an Administration Order. Depending on the situation, the judge might ask you to go to a court hearing. If the Administration Order is agreed, all your debts are dealt with together.
You make regular monthly payments to the court for the full amount you owe to all your creditors. The court then distributes the money between them.
Your creditors aren’t allowed to get in touch with you without the court’s permission. The court will include fees for each repayment, but this cannot be more than 10% of the total amount you owe.