Company Voluntary Arrangements (CVA's)
A Company Voluntary Arrangement or CVA is an agreement between a company and the company's creditors. An arrangement may be made to repay the creditors by repaying them from future profits or by selling some of the company's assets and paying back the creditors with the proceeds.
A CVA is based on preserving the company and improving sales and profits so that the company can pay back an agreed amount to the creditors within a set time period.
A CVA may be proposed by the directors of the company. When the company is in liquidation or administration, the liquidator or administrator can propose a CVA.
Release Corporate Rescue have qualified, professional staff who can give sound advice and help for your company on all issues that are related to CVAs, administration, liquidation or business restructuring. To find out more, fill in your details in the form to the right and a member of the team will be in touch to discuss your options.