Administration Orders

If you owe a (relatively) small amount to a creditor (£5,000 or less), the courts may decide to issue an administration order to settle the debt, rather than bankruptcy. For example, the order may specify that you pay back your debt in instalments and under certain conditions. However, failure to maintain the administration order can result in court action by a creditor for a county court judgment or bankruptcy.

How Long is This Data Held on Your Credit Report?

An administration order will show on your credit report for 6 years from the date of the order, even after it is paid in full.