The Money Advice Service is a free service set up by the Government to help people make the most of their money. If you would like to learn more click here.
The Insolvency Service, an independent government agency, has produced a guidance leaflet on dealing with your creditors. If you would like a copy, click here.
Abbotts Insolvency Limited (‘Abbotts’) is Registered in England and Wales, Registered office: Sandfold House, Sandfold Lane, Levenshulme, M19 3BJ Co Reg No 12256735 Data Protection Registration Number ICO number ZA561115
Sarah North is authorised in the UK to act as Insolvency Practitioner by the Insolvency Practitioners Association (Officeholder number 21530). Abbotts work exclusively with Insolvency Practitioners (“IPs”) licensed by the Institute of Chartered Accountants in England & Wales (“ICAEW”) or the Insolvency Practitioners Association (“IPA”). Abbotts provide advice only after completing or receiving an initial fact find where the individual concerned meets the criteria for an IVA, therefore, all advice is given in reasonable contemplation of an insolvency appointment.
We do not administer or provide advice solely relating to debt management products, such as Debt Management Plans. We do not currently offer advice relating to Scottish Insolvency Solutions such a Protected Trust Deeds, Debt Arrangement Schemes or Sequestration.
Upon completion of a fact find, should you not appear suitable for an IVA, you will be signposted a suitable service provider, the free sector or the Money Advice Service for the appropriate help & advice.
The Money Helper is an impartial service set up by the Government. They provide free debt counselling, debt adjustment and credit information services.
The Insolvency Service
The Insolvency Service is a Government agency that provides services to those affected by financial distress or failure; See Guidance Publications.
Ethics & Disclosures
All IPs are required to comply with the Insolvency Code of Ethics and a copy of the Code can be found at www.icaew.com.
Rules Governing Actions
All IPs are bound by the rules of their professional body, including any that relate specifically to insolvency. The rules of the professional body that licenses Abbotts IPs can be found at insolvency-practitioners.org.uk; In addition, IPs are bound by the Statements of Insolvency Practice (SIPs), details of which can be found at icaew.com