Company Voluntary Arrangement

Limited Companies

Company Voluntary Arrangement

A Company Voluntary Arrangement (CVA) is a rescue package for a viable business.

A viable business can run into difficulties at any time; large bad debt, for example, can wreck cash flow. The business remains viable but the burden of historic debt could force it into liquidation. In these circumstances the business can seek protection in a Company Voluntary Arrangement (CVA).

To qualify the business must meet the following criteria –

  1. The business must be insolvent.
  2. The business must be able to make a meaningful offer to creditors.

Creditors are all unsecured borrowing including Inland Revenue and VAT, banks etc.

 
Now ring 0800 316 1022 to discuss your situation in the strictest confidence. We are available to talk to you any time - day or night, 7 days a week.

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Shut the door on the past...

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