There is no upfront fee if you apply for an Administration Order however if the Order is granted the Court will keep 10% of your monthly payment to cover their costs.
The Court will deduct 10% each time you make a payment. This fee cannot ever be more than 10% of your debt.
For example if you owe £5,000 the total fee cannot be more than £500. If you were able to repay your debt in full within a 3 year period (the normal length of an Administration Order) you would therefore pay back £5500 in total.
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