Big collapse process theory says that time always exists within the visible universe, because things move and change relative to each other. Within the subatomic particle accretion mass however, nothing changes relative to anything. Therefore, because of lack of change, no time exists. Time is not an entity in itself, but a result of relative movement.

Big collapse process theory claims that time is an illusion caused by movement and change. Where there is no time, there is no movement. The center of a black hole body also has no time. 

Big collapse process theory claims that space is an absolute, present everywhere, even inside of black hole bodies.
 
For all practical purposes, Einstein's equations hold, and space/time are in fact a very good way of imaging the concept.