Free Independant Advice

Specialist Insolvency Practitioners

Abbotts Insolvency Review

Get in Touch Today to Speak to a Specialist Adviser

Navigating the world of debt and insolvency can be overwhelming and challenging.

The importance of choosing the right insolvency service cannot be overstated as it directly affects your financial future.

Abbotts Insolvency is a licensed and regulated insolvency practice specialising in Individual Voluntary Arrangements (IVAs) to provide tailored debt solutions.

Customers typically have positive experiences with Abbotts Insolvency, finding their services to be friendly, efficient and helpful.

They offer fee-free IVAs as well as other debt-relief options such as Debt Relief Orders (DROs), Debt Management Plans, Bankruptcy etc., with personalised advice for the best possible outcome.

This is where Abbotts Insolvency comes in, a regulated insolvency practice that specialises in helping individuals improve their financial situation.

In this blog post, we will provide a comprehensive Abbotts Insolvency review of their services, customer experiences, and how they compare to other debt help providers.

Take a look at our list to see if Abbots Insolvency has secured a place amongst the top 10 insolvency firms.

Abbotts Insolvency: A Comprehensive Review

Abbotts Insolvency is a fully licensed and regulated insolvency practice that is compliant with all relevant regulations, specializing in helping individuals who owe money.

They provide assistance with various financial matters and potential credit issues, helping individuals improve their financial situation.

The intent of making contact with Abbotts Insolvency is to obtain debt relief advice and assistance from their dedicated team of professionals.

Based in Manchester, UK, their insolvency practitioners are licensed by the Institute of Chartered Accountants in England & Wales (“ICAEW”) or the Insolvency Practitioners Association (“IPA”), ensuring you receive the highest quality service.

Regulated Insolvency Practice Specialising

Abbotts Insolvency primarily focuses on Individual Voluntary Arrangements (IVAs).

As a regulated insolvency practice, their insolvency practitioners are licensed and regulated by governing bodies such as the Insolvency Service and the Insolvency Practitioners Association (IPA).

This means that they are authorized to handle insolvency cases and must comply with the standards and regulations set by these governing bodies.

It is important to note that, at present, Abbotts Insolvency does not operate in Scotland. As such, they cannot provide advice, guidance or products that conform to Scottish debt relief standards.

For individuals in England and Wales, Abbotts Insolvency offers professional and personalised solutions to help you repay your debts and regain control of your financial situation.

Abbotts Insolvency Limited

Abbotts Insolvency Limited is a fully licensed and regulated insolvency practice. It specializes in providing the following services:

They provide professional and personal services to assist individuals with their financial troubles.

Additionally, they provide advice and guidance on debt solutions and can assist individuals in negotiating with creditors.

Abbotts Insolvency Limited is committed to finding the best solution for your unique financial situation, ensuring you receive the support you need to regain control of your finances.

Customer Experiences with Abbotts Insolvency

Customers who have worked with Abbotts Insolvency often express appreciation for the resolution of their financial concerns.

They describe Abbotts Insolvency’s service as friendly, efficient, and very helpful.

The process of obtaining debt advice from Abbotts Insolvency is not as arduous as initially perceived, with the debt advisors providing all viable alternatives during the call to suit their requirements.

Personal Service

Customers have commended the amiable and individualised service provided by Abbotts Insolvency.

They found the process to be straightforward and stress-free, with comprehensive explanations provided at each stage.

Abbotts Insolvency holds the conviction that a hospitable, individualised service from a dedicated team aids numerous individuals in debt within the United Kingdom.

Abbotts Insolvency strives to identify the debt option that is most suitable for its clients’ circumstances.

They recognise that each person’s situation is unique, and work diligently to ensure that the solutions they provide are tailored to the individual’s specific needs.

This personalized approach sets them apart from other debt help providers, as clients feel truly supported and understood throughout their journey to financial freedom.

First Class Service

A first-class service is one that is of the utmost quality and exceptionally good.

Customers who have worked with Abbotts Insolvency report experiencing this level of service, feeling a sense of security and trust in the company’s ability to help them navigate their financial challenges and emerge with a better understanding of their options.

This high level of satisfaction is a testament to the dedication and expertise of the Abbotts Insolvency team.

Debt Solutions Offered by Abbotts Insolvency

Abbotts Insolvency provides Individual Voluntary Arrangements (IVAs) as their primary debt solution.

An IVA is a legally binding agreement between a debtor and their creditors, which allows the debtor to consolidate their debts into a single monthly payment that creditors may accept.

The debt advisors at Abbotts Insolvency will require an in-depth understanding of the individual in debt to ascertain the most suitable solution to their circumstances.

They will then assist in devising the optimal approach to guarantee that clients can pay off their debts at a rate and pace that is feasible with their income and expenditure.

In 2022, Abbotts Insolvency aided more than 1,000 people in successfully entering an IVA. This demonstrates a desire to clear debt and creditors may be inclined to meet debtors halfway with IVAs.

Should an IVA not be suitable for a client’s needs, they will suggest seeking additional advice through the Money Advice Service, which is accessible without cost.

IVAs: The Main Focus

Individual Voluntary Arrangements (IVAs) are the primary debt resolution offered by Abbotts Insolvency.

An individual voluntary arrangement is an agreement with creditors to pay back owed money in reasonable, feasible, and comfortable amounts.

Abbotts Insolvency evaluates the client’s present situation, debt details, and capacity to remunerate creditors in order to formulate a plan of action that is acceptable to the client and adequate for the creditors.

This focus on IVAs allows Abbotts Insolvency to provide specialised and expert advice to clients in need of this specific debt solution.

By concentrating their efforts on this area, they can ensure that their clients receive the best possible guidance and support throughout the process, maximizing the chances of a successful outcome.

Other Debt Solutions

In addition to IVAs, Abbotts Insolvency provides other debt solutions, such as debt relief orders (DROs), debt management plans, and bankruptcy.

These options cater to a variety of financial situations and requirements, ensuring that clients have access to the most suitable solution for their unique circumstances.

By offering a comprehensive range of debt solutions, Abbotts Insolvency demonstrates its commitment to helping clients regain control of their finances and achieve a brighter financial future.

Fees and Credit Rating Impact

The fee structure for IVAs with Abbotts Insolvency is as follows:

Abbotts Insolvency also facilitates the connection of clients to fee-free or charitable debt advice service providers, ensuring that clients have access to a range of options when seeking debt relief.

Fee-Free Options

Abbotts Insolvency provides fee-free options such as Individual Voluntary Arrangements (IVA’s).

This means that clients can access professional and personalised debt solutions without the burden of additional fees.

By offering fee-free options, Abbotts Insolvency demonstrates its commitment to making debt relief accessible and affordable for those in need.

Credit Rating Considerations

Utilising Abbotts Insolvency can have a detrimental effect on your credit rating. The insolvency proceedings, such as an IVA or bankruptcy, will be registered on your credit file for six years, which could reduce your credit score and make it more difficult to acquire credit in the future.

However, there are several potential solutions to reduce the effect on credit ratings, such as employing a debt management plan, a debt relief order, or a debt consolidation loan.

Comparing Abbotts Insolvency to Other Debt Help Providers

When comparing Abbotts Insolvency to other debt help providers, such as StepChange, National Debt Line, PayPlan, Debt Advice Foundation, and Citizens Advice, it is clear that Abbotts Insolvency offers a unique combination of personalised service, fully licensed insolvency practitioners, and fee-free options.

By providing a tailored approach and a range of services to suit the individual needs of their clients, Abbotts Insolvency sets itself apart from other providers in the industry.

Their services include debt advice, debt management plans, and Individual Voluntary Arrangements (IVAs).

Fully Licensed Insolvency Practitioners

Engaging fully licensed insolvency practitioners guarantees that the services provided are of the highest calibre and that the practitioner is qualified and has experience in the field.

By employing fully licensed insolvency practitioners, Abbotts Insolvency ensures that its clients receive the best possible advice and support throughout the debt management process.

Best Solution for Your Situation

Abbotts Insolvency’s personalized approach to debt relief means that they are dedicated to finding the best solution for each client’s unique financial situation.

By offering a range of services and working closely with clients to understand their specific needs, Abbotts Insolvency is able to provide tailored advice and guidance that leads to the most suitable resolution for their individual circumstances.

The team at Abbotts Insolvency is committed to helping clients find the best solutions.

How to Contact Abbotts Insolvency

If you are in need of debt help and support, you may contact Abbotts Insolvency by calling 01625 801007 or by completing their online contact form on their website.

Alternatively, you may also contact Abbotts Insolvency via email at [email protected].

Their dedicated team of insolvency practitioners and debt advisors is ready to assist you in finding the best solution for your financial situation.


In conclusion, Abbotts Insolvency is a reputable and reliable insolvency practice that specializes in providing tailored debt solutions, with a primary focus on Individual Voluntary Arrangements (IVAs).

Their fully licensed insolvency practitioners and personalized approach set them apart from other debt help providers in the industry.

By offering fee-free options and a range of services to suit the individual needs of their clients, Abbotts Insolvency demonstrates its commitment to helping people regain control of their finances and achieve a brighter financial future.

As you navigate the complexities of debt and insolvency, it is essential to choose a trusted and experienced partner like Abbotts Insolvency.

With their personalized service, expert advice, and commitment to finding the best solution for your unique circumstances, you can take the first step towards financial freedom with confidence.

Frequently Asked Questions

Is Abbott’s insolvency legit?

Given that Abbotts Insolvency Limited is a fully licensed and regulated insolvency practice specialising in the provision of Individual Voluntary Arrangements (IVA’s), it can be concluded that their insolvency is legitimate.

Is An IVA bad?

An IVA can have a negative effect on your credit rating, as it will make it difficult to get credit for six years and written permission is needed for larger sums.

However, if managed well, it can help you clear your debt and improve your finances.

What is the primary debt solution offered by Abbotts Insolvency?

Abbotts Insolvency offers Individual Voluntary Arrangements (IVAs) as its primary debt solution.

How does Abbotts Insolvency ensure a personalised service for their clients?

Abbotts Insolvency offers personalized services by working closely with clients to understand their needs and providing tailored advice and guidance.

They strive to provide the best possible outcome for their clients, taking into account their individual circumstances and goals.

They are committed to providing a high level of service and support throughout the process.

Their team of experts is huge.

Are there any fee-free options available through Abbotts Insolvency?

Yes, Abbotts Insolvency offers fee-free options, including Individual Voluntary Arrangements (IVA’s).

IVA’s are a great way to manage your debt and get back on track financially.

They are a legally binding agreement between you and your creditors and can help you pay off your debts in a manageable way.

Full List Of Insolvency Practitioners UK

Below is a list of insolvency practitioners based in the United Kingdom:

Get In Touch With Our Team

We Aim To Reply To All Enquiries With-in 24-Hours