A
Legal
Administration Order
A court order available to consumers whose total debts do not exceed R50,000. An administrator is appointed to manage your debt repayments. It is recorded on your credit report and limits your ability to obtain new credit.
Usage Examples
"She applied for an administration order because her total debts were under R50,000 and she needed help managing payments."
"An administration order stays on your credit record and prevents you from taking out new loans."