Glossary entry (derived from question below)
English term or phrase:
administration order
Norwegian translation:
rettskjennelse for nedbetaling av gjeld
Added to glossary by
Robert Sommerfelt (X)
Jun 28, 2010 21:23
13 yrs ago
2 viewers *
English term
administration order
English to Norwegian
Law/Patents
Law: Contract(s)
"Either party may terminate this (Contract) without liability on giving notice in writing to the other party if the other party has a petition presented to any court for its winding up or for an administration order or if the other party passes a resolution or suffers an order of a court to be made for its winding up, or if a receiver or administrative receiver is appointed, or if anything occurs which is analogue to any of the foregoing under the law of any jurisdiction"
Proposed translations
(Norwegian)
| 2 | Rettskjennelse for nedbetaling av gjeld |
Erik Matson
|
Proposed translations
7 days
Erik Matson
Thailand
Thailand
Native in English
&
Norwegian
Thailand
Quality technical translations
Native in: Norwegian 
, English
Works in: English to Norwegian, Norwegian to English, English to Norwegian (Bokmal), and 3 more.
Related KudoZ points
:
3
Selected
Rettskjennelse for nedbetaling av gjeld
Taken from http://www.debtadvicebureau.org.uk/explained/administration_...
"Administration Orders
What is an Administration Order?
An Administration Order is a court order which covers your outstanding debts. Under it you would make a monthly payment to the court, who will then distribute that money on a pro rata basis amongst your creditors.
For ‘administering’ the order, the court will take 10% of your payment as handling fees to cover their costs, which they will deduct directly from your monthly payments.
Whilst the order is in place no creditor included in the order, without the leave of the court, will be allowed to take action against you. In addition, debt collection procedures and letters against you will be stopped."
"Administration Orders
What is an Administration Order?
An Administration Order is a court order which covers your outstanding debts. Under it you would make a monthly payment to the court, who will then distribute that money on a pro rata basis amongst your creditors.
For ‘administering’ the order, the court will take 10% of your payment as handling fees to cover their costs, which they will deduct directly from your monthly payments.
Whilst the order is in place no creditor included in the order, without the leave of the court, will be allowed to take action against you. In addition, debt collection procedures and letters against you will be stopped."
Example sentence:
"...kreditor har rett til å få en rettskjennelse for betalingen, som suppleres erklæring om gjennomførbarheten er grunnlaget for håndheving lensmann"
3 KudoZ points awarded for this answer.
Comment: "Takk!"
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