CVA & Insolvency
A company voluntary arrangement is one option to consider if it's not possible to proceed with an informal arrangement and if your business is a viable entity but is experiencing a short term financial strain. A voluntary arrangements is a formal insolvency procedure in which a company in financial difficulties comes to an agreement to pay its creditors in part or in full over an agreed period of time.
A CVA will protect your company from court action and winding up petitions. No legal action can be taken against you for existing debts once a company voluntary arrangement is in force. Timing and early action are therefore crucial factors in the success of a CVA. Taking an early positive action helps preserve the relationship you have with suppliers/creditors. The directors can continue to run the company and the cash flow pressure is released.
Our panel of advisors have gained considerable experience in debt problems and debt solutions over the years; such as insolvency, recovery plans, company voluntary arrangment (CVA), administration and Liquidations.
Finance Tracker Commercial Capital has the largest Company Voluntary Arrangement Network in the UK, if we can't help then nobody can. Complete the short enquiry form on the right hand side of this web page, and one of our network advisors will call you to discuss your financial distress requirements.
- Improve Cash Flow
- Stop Pressure from Tax
- Stop Pressure from VAT
- Stop Pressure from PAYE
- CVA Cuts Costs Quickly
- Terminate Employement Contracts
- Terminate Landlords Leases
- Terminate Supply Contracts
- Shareholders Remain in Control
- Cheaper than Administration
- Negotiate with Your Creditors
- Write Off 60% of Debts
- Recover Your Business
- Continue Trading