an order in which the court may reschedule any payments due under the regulated agreement
a way of asking the court to give you more time to pay a loan agreement if you have fallen behind with the payments
Allows a County Court to make changes to the terms of a regulated agreement, if it appears to be just. The court can reduce the repayment rate and the interest rate. Time Orders are normally only made where there is a temporary financial difficulty and if you are likely to be able to return to making full contractual payments.
Order that becomes a market or limited price order or is canceled at a specific time.