How long does an Administration Order last?
An Administration Order lasts for as long as it takes to repay the debt in full. This depends on the size of the debt and how much the court has decided you can afford to pay towards your credit debts each month.
For example, if you owed £900 and the court decided you had £100 available after your living costs each month to pay towards your debts (10% or £10 of which would be taken by the court as a fee), then it would take you 10 months to repay your debt (£900 divided by £90 is ten payments).
If the judge believes your payments are not substantial enough for the debt to be paid off in a reasonable timeframe then the judge can make a Composition Order, which is where you will only be asked to repay part of your debt.
Debt Advice Foundation is a registered UK charity offering free, confidential support and advice on any aspect of debt, including Administration Orders. If you need to talk to someone about Administration Orders or would like general debt advice, please call <0800 043 40 50 to speak to an adviser.
