Company Voluntary Arrangement (CVA)
This is a process used where a company has a viable future, it focuses on paying creditors what you can afford out of future profits. CVA is a company rescue and restructuring option which can help ensure the survival of your company.
CVA is a formal arrangement between a company and its creditors. The arrangement highlights that at present the company cannot pay its debts but will be able to out of future profits. The business will pay towards its debts for an agreed period and once completed all remaining debts are written off.
We work in association with trusted Licensed Insolvency Practitioner's ('IP's') to undertake this process.
Nominee's fees start at around £1,000, but we will work with the IP to be able to give you a fixed quote over the phone or we are happy to arrange a meeting at your convenience. We will discuss the advantages, disadvantages and risks associated with this process and whether it is the right solution for the company.
Call us now on 07876 478319 for a free consultation.
Saluja Insolvency Solutions is authorised and regulated by the Financial Conduct Authority.
Credit Consumer Licence No: 677004
Credit Consumer Licence No: 677004