Atlantic Finance (UK) Ltd
In administration 13 June 2019
Atlantic Finance (UK) Ltd was placed into administration on 13 June 2019. Stephen Katz and Paul Appleton of David Rubin & Partners, have been appointed as joint administrators.
Atlantic Finance (UK) Ltd provided debt management services to its customers. The administrators intend to carry out an orderly wind down of the business and will shortly be writing to the customers of the firm to notify them of their appointment and to provide information on what happens next.
See our debt management plan compensation limits and their conditions on our Debt management page.
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04 Jul, 2019
Although the firm is in administration, FSCS is not accepting claims against Atlantic Finance (UK) Ltd. FSCS protection for debt management companies is limited to the money that these firms hold on behalf of their customers. At this time the administrators do not think that there is any shortfall in client money.
The administrators intend to keep the company running for a period, and any client money held by the Atlantic Finance (UK) Ltd will either be passed on to creditors or returned to customers.
If customers have any questions about their debt management plans they should contact the administrators on 01234 753060.
Customers can also get free and impartial guidance from the Money Advice Service by calling 0800 138 7777 or by visiting the Money Advice website.