Company Voluntary Arrangement

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.

Here at East Anglian Debt Management we have a team of consultants who will be able to advise you free of charge. We will review your particular circumstances and offer advice particular to your specific situation. We have a wealth of experience in helping people to manage their way through complicated problems involving significant business and personal debt. Call us today on 08000 944 333 or complete our on-line enquiry form.