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Hanover Insolvency Reviews & In-depth Info

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By
Scott
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Scott Nelson

Managing Director

MoneyNerd’s founder, Scott Nelson, has a decade of financial industry experience, including 6 years in FCA regulated loan and credit card companies. Troubled by a lack of conscience in the industry, he founded MoneyNerd to give genuine advice to those in debt and struggling financially.

Learn more about Scott
&
Janine
Janine Marsh Profile Picture

Janine Marsh

Financial Expert

Janine Marsh is an award-winning presenter and a valuable member of the MoneyNerd team. With a wealth of experience as a financial expert, she's been featured on BBC Radio 4, BBC Local Radio, and BBC Five Live, and is a regular on Co-op Radio.

Learn more about Janine
· Feb 6th, 2024
Could you legally write off some debt? Answer below to get started.

Total amount of debt?

For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.

For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.

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Hanover Insolvency Debt

For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.

Hanover Insolvency is a UK-based company offering advice on many debt solutions. If you’re feeling worried about your debt and how to manage it, this is the right place for you. Each month, more than 170,000 people visit us for guidance on managing debt.

In this article we’ll cover:

  • Different debt solutions offered by Hanover Insolvency.
  • How you can possibly write off some of your debt.
  • Reviews about Hanover Insolvency and how to make a complaint if needed.
  • Important facts about the company and how to get in touch with them.

We know that dealing with debt can be tough because some of us have been there. We understand your concerns and are here to help you navigate your way to a better financial future. Let’s get started and learn more about Hanover Insolvency and the debt solutions they offer.

Could you legally write off some debt?

There are several debt solutions in the UK, choosing the right one for you could write off some of your unaffordable debt, but the wrong one may be expensive and drawn out.

Answer below to get started.

How much debt do you have?

This isn’t a full fact find. MoneyNerd doesn’t give advice. We work with The Debt Advice Service who provide information about your options.

Hanover Insolvency Reviews

Customer reviews are an important part of the process of assessing a company. It can be really helpful in guiding your decision making. See how other customers have rated their experience with Hanover Insolvency by looking at their up-to-date reviews on Trustpilot.

Information correct as of 11/06/21 (Trustpilot)

What debt solutions does Hanover Insolvency offer?

There are a number of different debt solutions out there. Find out below whether Hanover Insolvency provides the kind of help you need.

Hanover Insolvency offers a wide range of debt solutions, including:

  • IVA (Individual Voluntary Arrangement) – a legally binding agreement to make regular payments to an insolvency practitioner, who divides the money between your creditors
  • Trust Deeds – a debt payment programme which allows people to pay their debts based on their disposable income (Scotland only)
  • Debt Management Plans – an informal agreement with your creditors to pay off all of your debts
  • Administration Orders – A way to deal with debt when you have a court judgement against you

» TAKE ACTION NOW: Fill out the short debt form

Scottish Debt Solutions

The debt solutions explained above included Trust Deeds. This is a debt solution specific to Scottish residents, meaning that Hanover Insolvency can help Scottish residents in debt.

In-Person

Sometimes it’s easier to talk face-to-face rather than over the phone. Hanover Insolvency does offer in-person services, meaning you are able to arrange an appointment to meet them in person in their offices.

Information correct as of 07/04/21 (HanoverInsolvency)

How to complain about Hanover Insolvency?

Should you need to make a complaint about Hanover Insolvency, it is a simple process. You can simply note the details down below and use them to either write to Hanover Insolvency or call them.

Midwest House
11 Crown Industrial Estate
Canal Road
Timperley
Altrincham
Greater Manchester
WA14 1TFW
UNITED KINGDOM

+4401619054764
[email protected]

If Hanover Insolvency does not respond to your complaint then you should contact the Financial Ombudsman Service. They will be able to handle your complaint.

Information correct as of 07/04/21 (FCA)

How a debt solution could help

Some debt solutions can:

  1. Stop nasty calls from creditors
  2. Freeze interest and charges
  3. Reduce your monthly payments

A few debt solutions can even result in writing off some of your debt.

Here’s an example:


Situation

Monthly income £2,504
Monthly expenses £2,345
Total debt £32,049

Monthly debt repayments

Before £587
After £158

£429 reduction in monthly payments

If you want to learn what debt solutions are available to you, click the button below to get started.

Get started

Company information:

Company details are registered for business on Companies House. Anything not found here, will be on the company’s website. From these two sources we compiled the key company details about Hanover Insolvency:

Date of incorporation: 26 March 2010
Company status: Active
Company number: 07204268
Company type: Private limited Company
Website: https://www.hanoverinsolvency.co.uk/index.html
Address:
Midwest House
11 Crown Industrial Estate
Canal Road
Timperley
Altrincham
Greater Manchester
WA14 1TF
UNITED KINGDOM
Opening Hours: Mon-Thu: 8am – 8pm, Friday: 9am – 5pm
Phone number: +4401619054764

Information correct as of 07/04/21 (CompaniesHouse)

FCA registration:

The Financial Conduct Authority (FCA) is the conduct regulator for financial services firms and financial markets in the UK. Hanover Insolvency is no longer registered with the FCA, but is instead registered with the IPA, the Insolvency Practitioners Association (details below). Hanover Insolvency still has an FCA register listing, because they used to be registered. The details of this are as follows:

FCA regulated: No
FCA status: No longer registered as an Appointed Representative
FCA reference number: 788880
Connected businesses: Sterling Green Ltd
Place of business:
Midwest House
11 Crown Industrial Estate
Canal Road
Timperley
Altrincham
Greater Manchester
WA14 1TF
UNITED KINGDOM

Information correct as of 07/04/21 (FCA)

Data protection registration:

It’s important to check your data privacy. Hanover Insolvency is data protection registered. Data protection registration means that Hanover Insolvency is registered with ICO, the UK’s independent authority set up to uphold information rights in the public interest. The privacy of your data will be protected.

Registration No: Z2207976
Data controller: Hanover Insolvency Ltd
Address:
Midwest House
11 Crown Industrial Estate
Timperley
Cheshire
WA14 1TF

Information correct as of 07/04/21 (ICO)

Thousands have already tackled their debt

Every day our partners, The Debt Advice Service, help people find out whether they can lower their repayments and finally tackle or write off some of their debt.

Natasha

I’d recommend this firm to anyone struggling with debt – my mind has been put to rest, all is getting sorted.

Get started

Reviews shown are for The Debt Advice Service.

Hanover Insolvency Contact Details

Address: Sale Point Washway Rd Sale Cheshire M33 6AG
Phone: 01273 096 697
Email: [email protected]
Website: https://www.hanoverinsolvency.co.uk/

FAQs

Which IVA company is best?
The best IVA company depends on your own circumstances and needs and as a result it varies by person. It’s is always best to talk to a debt charity for free before committing to a insolvency company.
What happens if I get an IVA?
If you get an IVA you are agreeing to make monthly payments split between your creditors for 5 years or until the end of the debt whichever comes first.
What happens to debt after IVA?
After 5-6 years of an IVA your debt will be written off given that you’ve met the agreed payments. After this period, you are debt free.
Could you legally write off some debt?

Answer below to get started.

How much debt do you have?

This isn’t a full fact find. MoneyNerd doesn’t give advice. We work with The Debt Advice Service who provide information about your options.

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The authors
Scott Nelson Profile Picture
Author
MoneyNerd’s founder, Scott Nelson, has a decade of financial industry experience, including 6 years in FCA regulated loan and credit card companies. Troubled by a lack of conscience in the industry, he founded MoneyNerd to give genuine advice to those in debt and struggling financially.
Janine Marsh Profile Picture
Debt Expert
Janine Marsh is an award-winning presenter and a valuable member of the MoneyNerd team. With a wealth of experience as a financial expert, she's been featured on BBC Radio 4, BBC Local Radio, and BBC Five Live, and is a regular on Co-op Radio.