It's my solution of this issue. I used it for altering PK, but idea the same. Hope this will be useful)
PRINT 'Script starts'
DECLARE @foreign_key_name varchar(255)
DECLARE @keycnt int
DECLARE @foreign_table varchar(255)
DECLARE @foreign_column_1 varchar(255)
DECLARE @foreign_column_2 varchar(255)
DECLARE @primary_table varchar(255)
DECLARE @primary_column_1 varchar(255)
DECLARE @primary_column_2 varchar(255)
DECLARE @TablN varchar(255)
-->> Type the primary table name
SET @TablN = ''
--------------------------------------------------------------------------------------- ------------------------------
--Here will be created the temporary table with all reference FKs
---------------------------------------------------------------------------------------------------------------------
PRINT 'Creating the temporary table'
select cast(f.name as varchar(255)) as foreign_key_name
, r.keycnt
, cast(c.name as varchar(255)) as foreign_table
, cast(fc.name as varchar(255)) as foreign_column_1
, cast(fc2.name as varchar(255)) as foreign_column_2
, cast(p.name as varchar(255)) as primary_table
, cast(rc.name as varchar(255)) as primary_column_1
, cast(rc2.name as varchar(255)) as primary_column_2
into #ConTab
from sysobjects f
inner join sysobjects c on f.parent_obj = c.id
inner join sysreferences r on f.id = r.constid
inner join sysobjects p on r.rkeyid = p.id
inner join syscolumns rc on r.rkeyid = rc.id and r.rkey1 = rc.colid
inner join syscolumns fc on r.fkeyid = fc.id and r.fkey1 = fc.colid
left join syscolumns rc2 on r.rkeyid = rc2.id and r.rkey2 = rc.colid
left join syscolumns fc2 on r.fkeyid = fc2.id and r.fkey2 = fc.colid
where f.type = 'F' and p.name = @TablN
ORDER BY cast(p.name as varchar(255))
---------------------------------------------------------------------------------------------------------------------
--Cursor, below, will drop all reference FKs
---------------------------------------------------------------------------------------------------------------------
DECLARE @CURSOR CURSOR
/*Fill in cursor*/
PRINT 'Cursor 1 starting. All refernce FK will be droped'
SET @CURSOR = CURSOR SCROLL
FOR
select foreign_key_name
, keycnt
, foreign_table
, foreign_column_1
, foreign_column_2
, primary_table
, primary_column_1
, primary_column_2
from #ConTab
OPEN @CURSOR
FETCH NEXT FROM @CURSOR INTO @foreign_key_name, @keycnt, @foreign_table, @foreign_column_1, @foreign_column_2,
@primary_table, @primary_column_1, @primary_column_2
WHILE @@FETCH_STATUS = 0
BEGIN
EXEC ('ALTER TABLE ['+@foreign_table+'] DROP CONSTRAINT ['+@foreign_key_name+']')
FETCH NEXT FROM @CURSOR INTO @foreign_key_name, @keycnt, @foreign_table, @foreign_column_1, @foreign_column_2,
@primary_table, @primary_column_1, @primary_column_2
END
CLOSE @CURSOR
PRINT 'Cursor 1 finished work'
---------------------------------------------------------------------------------------------------------------------
--Here you should provide the chainging script for the primary table
---------------------------------------------------------------------------------------------------------------------
PRINT 'Altering primary table begin'
TRUNCATE TABLE table_name
PRINT 'Altering finished'
---------------------------------------------------------------------------------------------------------------------
--Cursor, below, will add again all reference FKs
--------------------------------------------------------------------------------------------------------------------
PRINT 'Cursor 2 starting. All refernce FK will added'
SET @CURSOR = CURSOR SCROLL
FOR
select foreign_key_name
, keycnt
, foreign_table
, foreign_column_1
, foreign_column_2
, primary_table
, primary_column_1
, primary_column_2
from #ConTab
OPEN @CURSOR
FETCH NEXT FROM @CURSOR INTO @foreign_key_name, @keycnt, @foreign_table, @foreign_column_1, @foreign_column_2,
@primary_table, @primary_column_1, @primary_column_2
WHILE @@FETCH_STATUS = 0
BEGIN
EXEC ('ALTER TABLE [' +@foreign_table+ '] WITH NOCHECK ADD CONSTRAINT [' +@foreign_key_name+ '] FOREIGN KEY(['+@foreign_column_1+'])
REFERENCES [' +@primary_table+'] (['+@primary_column_1+'])')
EXEC ('ALTER TABLE [' +@foreign_table+ '] CHECK CONSTRAINT [' +@foreign_key_name+']')
FETCH NEXT FROM @CURSOR INTO @foreign_key_name, @keycnt, @foreign_table, @foreign_column_1, @foreign_column_2,
@primary_table, @primary_column_1, @primary_column_2
END
CLOSE @CURSOR
PRINT 'Cursor 2 finished work'
---------------------------------------------------------------------------------------------------------------------
PRINT 'Temporary table droping'
drop table #ConTab
PRINT 'Finish'