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T O P I C R E V I E W
Anthony.pn
Posted - 05 April 2012 : 18:33:19 Administration order, N92. Do I still need need to continue making the payments to my creditors even though I am submitting the form.
3 L A T E S T R E P L I E S (Newest First)
mydebtpages
Posted - 08 April 2012 : 14:36:28 Hi Anthony
It very much depends under what arrangement you are currently paying creditors.
If the arrangement is keeping your creditors happy, it might be sensible to continue it until at least the Order is in place and it overrides any current agreement.
Creditors can object to the Order on a number of grounds and even ask to be left out entirely, so it's a good idea to keep a close eye on what happens following your application.
Regards
- MyDebtPages
Kelly O
Posted - 06 April 2012 : 08:30:43 Hello and welcome to the forum
An Administration Order is a single county court order that covers credit debts and certain other debts which are all treated together. It allows you to make a single payment every month into the court. The court staff will then divide the money amongst your creditors on a pro-rata basis. An Administration Order stops creditors from taking further action against you.
If you have a date to take the application form to the court? Have you changed your bank account?
If you would like any help or advice on any aspect of your debts do not hesitate to contact me.Debt Advisory Manager for Melanie Giles www.melaniegiles.co.uk
Niobe
Posted - 05 April 2012 : 20:45:46 Hi and welcome.
No idea on this one - hopefully one of the experts can help.
Follow through Make your dreams come true Don't give up the fight You will be alright 'Cause there's no one like you in the universe
