Abacus Finance Logo

Abacus (Financial Consultants) Limited ("Abacus") is no longer offering or managing debt management plans.

The company ceased trading on Friday 5th August 2016 following the Joint Liquidators Gerald Krasner and Gillian Sayburn of Begbies Traynor (Central) LLP ("Begbies") being appointed.

All enquiries can be directed to Andrew Dyson of Begbies who can be contacted as follows:

  • By telephone on 0191 269 9820
  • By email to andrew.dyson@begbies-traynor.com
  • By post to Begbies Traynor, 4th Floor Cathedral Buildings, Dean Street, Newcastle upon Tyne NE1 1PG

Information for former customers:

If you are a former customer of Abacus you will have received a letter detailing the reasons why we are no longer in a position to manage your debt management plan. You will also find enclosed your:

  • Financial statement
  • Creditor information
  • Payment statement

For further information on what to do next you can call 0800 043 244, where an advisor from ClearDebt Limited, our sister company, will be able to recommend a solution or signpost you to sources of free debt advice.

Alternatively, free advice on your debts can be obtained by contacting the Money Advice Service (moneyadviceservice.org.uk/en/tools/debt-advice-locator or telephone 0800 138 7777) who will put you through to an appropriate organisation from their panel of advisors who will discuss your situation in detail.

Information for creditors:

If you are a creditor of a customer where Abacus managed their debt management plan, all customers have been advised to seek alternative advice. We would urge you to exercise forbearance in these cases.

If you are a trade creditor and owed monies for services provided to Abacus you will have received a letter from the Joint Liquidators, as detailed above, confirming what is required to lodge your claim.