What is an Administration Order?

  • Only applicable to Judgements, non-credit agreement and credit agreement, due and payable to a maximum of R50 000. (Excludes: Bond Repayments, Hire-Purchase Accounts, Maintenance Orders & Vehicle Repayments)
  • Consumer cannot incur further debt without disclosure of the administration order to the Credit Provider, otherwise it is a criminal offense
  • Protection against your creditors and no one may take judgement against you
  • The Court decides how much you need for basic necessities, and then determines how much must be paid to an administrator
  • Credit Providers get distribution every month
  • Client gets a statement monthly from the Administrator to monitor progress

A cheaper alternative to Debt Review however is subject to the rule that your total debts due must not be greater than R50 000.