Debts up to £5,000
What you can do if you have debts between up to £5,000
If your debts amount to less than £5,000 to a minimum of two creditors, of which one creditor has acquired a County Court Judgment, you are allowed to claim for a County Court administration order. Upon considering your income and expenditure, the Court will decide what you can repay on a monthly basis, and 10% will be deducted from your payment as a fee. Your debts will be repaid in full, but if you cooperate with the stipulations, then your creditors won't be able to take any other actions against you and debt collection actions will be stopped.
For further in depth information on County Court administration orders, click on the below web address: http://www.courtservice.gov.uk/cms/media/n270_e.pdf
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