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First Name Surname First Line of Address Postcode Contact
Tel * (required) Mobile Number * (required) Amount of Debt
£0 - £3k £3k - £12k £12k
- £17k £17k - £25k £25k - £50k
£50k and above Monthly Payments
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amount of your debt (Not Including Mortgage) £0 -
£3k £3k - £12k £12k - £17k
£17k - £25k £25k - £50k £50k and
above What are your total monthly payments to your creditors
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(Approx) £0-£50 £50-£100
£100-£150 £150-£200
£200-£250 £250-£500
£500-£1000 £1000 and above Preferred time of
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It's Free! - Start making money today! First Name Surname
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£25k £25k - £50k £50k and
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- £17k £17k - £25k £25k - £50k
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Below, is a glossary of the terms which are related to
debt management, debt consolidation, bankruptcy and Insolvency.
A brief definition is given below each one.
Administrator
An administration order is a court order placing a company
that is, or is likely to become, insolvent under the control of
an administrator following a petition by the company, its
directors or a creditor. The purpose of the order is to
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the company's business and assets to allow a
reorganisation or ensure the most advantageous realisation of
its assets whilst protecting it from action by its creditors.
The administration of the insolvent estate of a deceased
debtor. County court process permitting an individual with
modest debts to pay off installments. No insolvency
practitioner is involved. Authorised (or Licensed)
Insolvency Practitioner consolidation debt interest
The person (usually an accountant or solicitor) authorised
by the Department of Trade and Industry (DTI) or a professional
body to act as trustee, nominee, supervisor, liquidator,
administrative receiver or administrator. Only such a person
can hold any of these offices. Administration
Order (Individual) An order made by a county court to
arrange and administer the consolidation debt refinance
payment of debts. (Company) An order made by a court, which
appoints an administrator to take control of the company.
Administrative Receiver The person appointed
by the holder of a floating charge debenture over a
company's assets to collect in and realise the assets of
that company and to repay the indebtedness to the debenture
holder. Administrative Receivership consolidation debt finance
The term applied when an insolvency practitioner is
appointed as an administrative receiver.
Administrator The insolvency practitioner
appointed by the court to handle the affairs of a company the
subject of an administration order. Agricultural
Receivership A special remedy to take control of the
assets of a farmer under the Agricultural Credits Act 1928.
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Associates of individuals include family members, relatives,
partners and their relatives, employees, employers, trustees in
certain trust relationships, and companies which the individual
controls. Associates of companies include other companies under
common control. Bankrupt Someone against whom
a bankruptcy order has been made and who has not been
discharged from bankruptcy. Bankruptcy
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