An administrator is a person appointed by courts or by private arrangement to manage the property and affairs of another person, particularly in cases involving deceased individuals without a will or debt administration.
A comprehensive overview of ancillary credit businesses and their roles in credit brokerage, debt adjusting, debt counselling, debt collecting, debt administration, and credit-reference agency operations, according to the Consumer Credit Act 1974.
Debt administration refers to the process of managing and overseeing the repayment of debts, ensuring that they are correctly and timely settled in compliance with agreed terms and conditions.
