Corporate Voluntary Arrangement
We can help your business by offering debt advice and a corporate voluntary arrangement (CVA) which allows:
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directors to remain in control of the business
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retained ownership of your assets
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restructure of debt – your business and commercial terms to be flexible to suit the business
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where necessary, a legal freeze on creditors’ claims
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continued trading
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reduced redundancy costs
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your debt to remain private avoiding damaging the company’s reputation and prospects
The agreement has no pre-determined rules, it is agreed between the creditors (75% majority of those who vote) and the company, only with the help of a Licensed Insolvency Practitioner.