Business Details
Your Trusted Insolvency Partner in Glasgow
Hanover Insolvency has established itself as a specialist provider of insolvency solutions across the United Kingdom. Our expertise lies in administering Individual Voluntary Arrangements (IVAs) and Protected Trust Deeds, offering structured debt resolution pathways for individuals facing financial challenges. Our team of authorised insolvency practitioners works closely with creditors to negotiate fair agreements while maintaining strict compliance with regulatory standards. We operate through a dedicated process involving pre-appointment assessments, creditor negotiations, and case management oversight. Our services are exclusively focused on formal insolvency solutions rather than general debt management plans.Dylan Quail, our lead insolvency practitioner, holds authorisation from the Insolvency Practitioners Association, ensuring professional standards are maintained throughout our operations. We maintain transparent communication channels with clients through our Glasgow-based office, providing regular budget reviews and case updates. Our closure process is designed to minimise disruption while ensuring complete resolution of financial obligations. We adhere to strict data protection protocols and maintain full transparency regarding our services and procedures.
Services
IVAs
Protected Trust Deeds
Creditor Negotiations
Debt Restructuring
Case Management
Highlights and features
- We specialise in formal insolvency solutions with dedicated case management teams
- Our process includes comprehensive pre-appointment financial assessments
- We maintain transparent communication through regular budget reviews
- Our lead practitioner holds authorisation from the Insolvency Practitioners Association
- We focus exclusively on regulated insolvency solutions rather than general debt management
Associations and certifications
- Insolvency Practitioners Association
Services
Individual Voluntary Arrangements
We specialise in Individual Voluntary Arrangements (IVAs), formal debt solutions that allow individuals to repay manageable monthly payments to creditors through a structured agreement. Our process involves financial assessment, creditor negotiation, and ongoing case management. This solution provides legal protection from creditor action while maintaining control over personal assets.
Protected Trust Deeds
Our Protected Trust Deeds offer Scottish residents a formal debt solution where an insolvency practitioner manages repayments to creditors. We assess eligibility, negotiate terms with creditors, and ensure compliance with legal requirements. This solution provides protection from creditor action while working towards debt clearance over an agreed period.
Creditor Negotiations
We provide expert creditor negotiation services to reach mutually acceptable repayment arrangements. Our team liaises directly with creditors to establish fair payment terms based on individual financial circumstances. This includes preparing necessary documentation and presenting proposals for formal approval.
Case Management
Our dedicated case officers oversee ongoing debt arrangements, conducting annual budget reviews and adjusting payment plans as circumstances change. We ensure compliance with agreed terms while maintaining communication between debtors and creditors throughout the repayment period.
Financial Assessment
We conduct comprehensive financial assessments to determine eligibility for formal insolvency solutions. This includes evaluating income, expenses, assets, and liabilities to recommend appropriate debt restructuring options. Our assessment forms the basis for developing tailored repayment proposals.
People
Dylan Quail
Insolvency Practitioner
Dylan Quail is an authorised Insolvency Practitioner with Hanover Insolvency, specialising in debt restructuring solutions across the UK. He oversees IVAs and Protected Trust Deeds, ensuring professional case management and client support throughout the process.
Questions
What is an Individual Voluntary Arrangement (IVA)?
An IVA is a formal debt solution allowing individuals to repay manageable monthly payments to creditors through a structured agreement, providing legal protection from creditor action.
How does the IVA process work?
Our process involves financial assessment, creditor negotiation, and case management. We prepare proposals, obtain creditor approval, and manage repayments until completion.
Are there alternatives to IVAs?
We specialise in formal insolvency solutions including Protected Trust Deeds for Scottish residents. We assess each case individually to recommend appropriate debt restructuring options.
How long does an IVA typically last?
IVAs usually last 5-6 years depending on individual circumstances. Our team provides regular budget reviews and adjusts payment plans as needed during this period.
What areas do you cover?
We provide insolvency solutions to individuals throughout the United Kingdom, with dedicated support for Scottish residents requiring Protected Trust Deeds.
Reviews (7)
Erin Slingsby
Jan 10, 2022
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If I could give a minus I would. They consolidated my ex husbands debt and off set it against a joint property that was sold, the sale went through with them having their name on the deeds, the profit cleared his insolvency/debt issues but left me with 7k debt from the sale of the house as they did not carry out correct checks... DO NOT DO BUSINESS WITH THEM!
Danyul
Dec 26, 2021
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When I joined these guys were great. Now, the phone operators literally struggle to comprehend basic questions, and will not answer them when they do. They do not supply requested information which you have a legal right to request. Honestly cannot wait best thing about them taking a solid whack despite struggling as I am I'll be free of them much much sooner.
Edit. Just been told my payment of 2000 won't affect my monthly payments or the term remaining despite being told previously that it will. They're literally stealing 2000 pay your debts off the old fashioned way and avoid these like
Edit. Just been told my payment of 2000 won't affect my monthly payments or the term remaining despite being told previously that it will. They're literally stealing 2000 pay your debts off the old fashioned way and avoid these like
Paul Calladine
Oct 22, 2021
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I am nearly halfway paying my iva now and I just want to say how brilliant they were when i first took it on..I can't recommend them enough......Straightforward, easy to speak to and deal with and have been very honest and helpful all the way through.... Thank you
Kevin Elliston
Aug 22, 2021
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Terrible company to use. Been on the call 1hr20 going around in circles. Taken money out of my account they shouldnt. No communication. No one know whats going on. They dont care about your situation they just want your money. Dont reply to calls or emails. Dont keep you updated on anything.
Avoid. Avoid. Avoid. Avoid. Avoid. Avoid. Avoid. Avoid
Avoid. Avoid. Avoid. Avoid. Avoid. Avoid. Avoid. Avoid
Andy Harrison
Aug 14, 2021
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Called for some advice as was getting worried about my debts. I'd taken a loan but was in my 14 day cool off. Advice was cancel the loan and we'll help basically. Stupidly I did, there offer was basically to get me debt free in like 14 years! If I'd just kept with the loan would have been in 18 months. Now can't find any loan with half as good interest rates, so pretty knackered. Thanks a bunch.
Kelly Clay
Aug 10, 2021
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I pay 250 a month for 5 years. This amount is not much less than I was paying my debts. Every week I am crippled by this amount.
Kojo Panou
Jul 28, 2021
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These guys are terrible. They dont acknowledge your emails but are quick to review and increase your monthly payment. My life a lot worse and Im only praying that it will al be worth it in the end if I survived. If you do want to do this you need a company that have your best interest and its not these guys. Worse customer services ever
