Contrived incentive facing debts (8)
I believe the answer is:
spurious
'contrived' is the definition.
(thesaurus)
'incentive facing debts' is the wordplay.
'incentive' becomes 'spur' (I've seen this before).
'facing' says to put letters next to each other.
'debts' becomes 'ious'.
'spur'+'ious'='SPURIOUS'
(Other definitions for spurious that I've seen before include "Artificial and phoney" , "Plausible, but false" , "Contrived" , "Bogus" , "fraudulent" .)