Add configuration options for serialization

**Description**
Currently hooks lacks proper timeout support.

**Proposed solution**
Add configurable timeout with sensible defaults.

**Priority**: Low/Medium

No file, test, or entry point is named, and the title conflicts with the description. First clarify whether the work concerns serialization configuration or hook timeouts, then locate the relevant configuration and hook tests; done should include documented defaults and passing coverage for the new options.

Written by the indexing model from the issue text.