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Hanover Insolvency Review

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Hanover Insolvency provides tailored debt management solutions and specialised assistance to help people struggling with creditors.

Experienced practitioners Dylan Quail and Ian Millington offer expert advice on insolvency matters, including IVAs, DMPs, and debt relief orders.

Hanover Insolvency is compliant with regulatory standards to ensure clients receive reliable service through multiple contact methods at their office in Sale, Cheshire.

In this Hanover Insolvency review blog post, we will delve into the world of Hanover Insolvency, its services, and the experiences of its clients.

Get ready to embark on a journey towards financial freedom and peace of mind.

You can also check to see whether Hanover Insolvency has made our list of the best 10 insolvency firms.

Hanover Insolvency: An In-Depth Analysis

Hanover Insolvency is a reputable debt management company that has been assisting clients in navigating the complexities of debt since 2010.

Their mission is to help personal debtors achieve a stable financial footing by providing expert debt advice and tailored solutions.

With a range of services, including debt management plans, individual voluntary arrangements, and specialised assistance for Scottish residents, Hanover Insolvency has something to offer those dealing with various debt issues.

In a world where debts can feel like an insurmountable obstacle, Hanover Insolvency offers a beacon of hope, providing debt help, guidance, and relief to those struggling with creditors.

Company Background

Hanover Insolvency’s journey began in 2010, with a vision to provide personalized support and solutions for individuals facing financial hardships.

Over the years, the company has grown and developed, securing an accredited certification in ISO9001 Quality Management Systems.

Hanover Insolvency’s Pre-Appointment Team plays a crucial role in evaluating each client’s financial situation and preparing the necessary documentation for creditor approval.

The company’s office is located in Greater Manchester, United Kingdom, where their dedicated team of insolvency practitioners works tirelessly to help clients regain control of their financial lives.

Hanover Insolvency’s commitment to professionalism and excellence is evident in its authorization by the Insolvency Practitioners Association, ensuring clients receive the highest standards of service.

Services Offered

Hanover Insolvency offers a variety of debt solutions, including Individual Voluntary Arrangements (IVAs), Debt Management Plans (DMPs), and debt relief orders.

These services are designed to help clients manage their debts effectively and regain control of their financial situation.

IVAs are legally binding agreements between a debtor and their creditors, where a payment plan is agreed upon and administered by an insolvency practitioner.

DMPs, on the other hand, enable individuals to settle their non-priority debts at a manageable rate, with the assistance of a dedicated debt management team.

With a focus on personalized solutions and expert guidance, Hanover Insolvency ensures each client receives the appropriate support and care they need during their debt management journey.

The Insolvency Practitioners at Hanover Insolvency

At the core of Hanover Insolvency’s success are the dedicated insolvency practitioners, Dylan Quail and Ian Millington, who provide guidance and support to individuals and businesses facing financial hardship.

Both practitioners boast extensive experience and expertise in the field of debt management, ensuring clients receive the highest standard of service and advice.

Their knowledge and understanding of the insolvency process is second to none, and they are committed to it.

Dylan Quail

Dylan Quail is a Licensed Insolvency Practitioner at Hanover Insolvency, offering expert advice and guidance to clients on insolvency matters.

A consultant in the Restructuring & Insolvency team at Primas Law, Dylan’s professional background ensures that he is well-equipped to handle the complexities of the insolvency process.

While he was involved in a Disciplinary Consent Order with Hanover Insolvency in 2022, his continued dedication to providing top-quality service to clients remains unwavering.

Ian Millington

Ian Millington is another seasoned insolvency practitioner at Hanover Insolvency, bringing a wealth of knowledge in debt management to the table.

In addition to his role at Hanover Insolvency, Ian is also a kitchen designer, showcasing his versatility and ability to excel in various fields.

Ian’s expertise ensures that clients receive the best possible solutions for their individual financial situations.

Individual Voluntary Arrangements (IVAs) with Hanover Insolvency

One of the primary services offered by Hanover Insolvency, an IVA company, is the Individual Voluntary Arrangement (IVA), which is a legally binding agreement between a debtor and their creditors, established under the Insolvency Act 1986.

An IVA allows clients to settle their debts through manageable instalment payments, with the assistance of an insolvency practitioner who facilitates and administers the payments to the creditors.

For many, IVAs provide a much-needed lifeline to regain control of their finances and work towards a debt-free future.

The IVA Process

The IVA process with Hannover Insolvency includes the following steps:

  1. In-depth assessment of the client’s financial situation to determine if an IVA is the most suitable debt solution.
  2. Review of the client’s circumstances by the insolvency practitioner to determine if an IVA is the appropriate course of action.
  3. Assistance in compiling the necessary documentation for the IVA proposal.
  4. Proposal of the IVA to the creditors.
  5. Approval of the IVA agreement by creditors, who must hold 75% of the debt.

During the course of the IVA, the client makes monthly payments to the insolvency practitioner, who then distributes the funds among the creditors.

If the client’s financial situation improves during the IVA term, they may be required to contribute additional funds to the arrangement, and a new payment plan will be formulated.

It is essential for clients to maintain timely payments to avoid potential consequences, such as extended payment terms or suspension of the IVA.

Benefits of an IVA

Choosing an IVA as a debt solution comes with numerous advantages. Clients can enjoy the benefits of:

Assets, such as a home or car, are protected during the IVA process, and clients are protected from creditor harassment and legal action. The benefits of an IVA include:

Debt Management Plans (DMPs) by Hanover Insolvency

Another valuable service offered by Hanover Insolvency is the Debt Management Plan (DMP), designed to help clients effectively manage their non-priority debts.

A DMP is a flexible arrangement that allows clients to reduce their monthly repayments, making it easier for them to manage their debts and ultimately work towards financial stability.

The DMP is tailored to the individual’s circumstances and is designed to help them.

Creating a Customized DMP

Hanover Insolvency takes a personalised approach when creating customized DMPs for its clients.

By thoroughly assessing the client’s financial situation and understanding their needs, the insolvency practitioner can devise a tailored plan that best suits the individual’s circumstances.

Factors such as income, expenses, and the client’s ability to make repayments are taken into account, ensuring that the DMP is both manageable and effective in reducing the client’s debt burden.

The practitioner will also provide advice and guidance to the client throughout the process, helping them to understand the process.

Managing Non-Priority Debts

DMPs provided by Hanover Insolvency are specifically designed to manage non-priority debts, such as credit card debts, personal loans, and overdrafts.

By focusing on these types of debts, clients can prioritize their essential expenses, such as mortgage or rent payments, while still working towards reducing their overall debt with credit card companies.

DMPs offer a structured and manageable solution for clients who need assistance in navigating their financial obligations and regaining control over their finances.

Hanover Insolvency Client Reviews

Client reviews provide valuable insights into the experiences of individuals who have sought the help of Hanover Insolvency for their debt management needs.

By examining both positive and constructive feedback, we can gain a better understanding of the company’s strengths and areas for improvement.

This ensures that future clients receive the best possible service and support during their annual review process.

Positive Reviews

Many clients have praised Hanover Insolvency for their professionalism, accessibility, and expertise in debt relief.

The company’s tailored approach to debt management, coupled with its commitment to providing clear and concise advice, has helped countless individuals regain control of their finances and work towards a debt-free future.

Clients have also appreciated the various methods of contact available, including telephone, email, and online chat, as well as the company’s physical office in London.

Constructive Criticism

While there is an abundance of positive feedback for Hanover Insolvency, some clients have pointed out areas where the company can improve.

For example, the insolvency filing process can be complex and challenging to comprehend for some clients.

Additionally, some clients suggested that customer service and communication between the company and its clients could be enhanced, ensuring that every individual receives the necessary support and guidance throughout their debt management journey.

By addressing these areas of constructive criticism, Hanover Insolvency can continue to optimize its operations and provide an even better experience for its clients.

Regulatory Registrations and Compliance

While Hanover Insolvency is not registered as an Appointed Representative with the Financial Conduct Authority (FCA), the company does hold registration with the Insolvency Practitioners Association (IPA).

This registration provides clients with assurance that Hanover Insolvency is a legitimate and reliable insolvency practitioner, adhering to the necessary regulatory standards.

Hanover Insolvency is committed to providing the highest quality of service to its clients through its Hanover insolvency offer.

IPA Registration

Hanover Insolvency’s registration with the Insolvency Practitioners Association (IPA) demonstrates the company’s commitment to quality assurance and trustworthiness.

Clients can feel confident in the knowledge that their insolvency practitioner is authorized by a respected organisation, ensuring the highest standards of service and support throughout their debt management journey.

The IPA is a leading professional body in the insolvency industry, and its members are members of the IPA.

Data Protection Measures

In today’s digital age, data protection is of paramount importance. Hanover Insolvency takes its clients’ privacy and security seriously, implementing data protection measures by registering with the ICO (Information Commissioner’s Office), the UK’s independent authority for upholding information rights.

By adhering to these data protection standards, clients can trust that their personal information, including their credit rating, is secure and their privacy is respected throughout the debt management process.

How to Reach Out to Hanover Insolvency

If you or someone you know is struggling with debt and seeking the assistance of a reputable and experienced debt management company, don’t hesitate to reach out to Hanover Insolvency.

Their dedicated team of insolvency practitioners is ready to help you regain control of your financial life and work towards a brighter future.

With their expertise and guidance, you can develop a plan to manage your debt and get back your money.

Contact Methods

Hanover Insolvency offers a variety of contact methods to suit the needs of its clients. You can reach them by telephone at 01273 096 697 or via email at [email protected].

Alternatively, you can fill out a form on their website, allowing the team to assess your situation and provide the necessary guidance and support tailored to your needs.

Office Location

For those who prefer in-person appointments or consultations, Hanover Insolvency’s office is located at Sale Point, Washway Rd, Sale, Cheshire, M33 6AG, United Kingdom.

By visiting their office, you can discuss your financial situation face-to-face with a member of their team and receive personalised advice and support tailored to your circumstances.

Their team is experienced in dealing with a range of financial issues, from debt management to bankruptcy.


In conclusion, Hanover Insolvency is a reputable and experienced debt management company that has helped countless individuals regain control of their finances and work towards a debt-free future.

With a range of services, including IVAs and DMPs, and a dedicated team of insolvency practitioners, Hanover Insolvency provides the support and guidance needed to navigate the complexities of debt management.

By addressing constructive criticism and continually improving its services, Hanover Insolvency remains a trusted and reliable source of debt management solutions for those in need.

Frequently Asked Questions

Has Creditfix taken over Hanover insolvency?

It appears that Creditfix has taken over Hanover Insolvency, as many people were transferred to Creditfix in January 2023.

Who regulates Hanover insolvency?

Hanover Insolvency is regulated by the IPA (Insolvency Practitioners Association), which licenses and regulates insolvency practitioners.

Both of their IPS are registered with the IPA, allowing them to practise.

What services does Hanover Insolvency offer?

Hanover Insolvency provides tailored debt management solutions, such as Individual Voluntary Arrangements (IVAs) and Debt Management Plans (DMPs), to meet the needs of clients.

These solutions are designed to help clients manage their debt and get back on track financially.

They provide a range of options to suit different circumstances, including debt consolidation, debt write-offs, and debt repayment plans.

Hanover Insolvency’s team of experienced advisors are in charge.

Who are the insolvency practitioners at Hanover Insolvency?

Dylan Quail and Ian Millington are the insolvency practitioners at Hanover Insolvency.

How does Hanover Insolvency create a customised DMP for clients?

Hanover Insolvency takes the time to assess each client’s financial situation and needs before creating a customized Debt Management Plan (DMP) that best suits their individual circumstances.

The DMP is tailored to the client’s specific needs and goals and is designed to help them become debt-free in the shortest amount of time possible.

Hanover Insolvency’s team of experienced professionals will work with clients to develop a business plan.

Full List Of Insolvency Practitioners UK

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

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