Company Voluntary Arrangement (CVA) Abingdon
If you are looking for a practical, achievable and amicable way of paying your company debts off in instalments over a period of time, which also helps to avoid legal action against your company, then a Company Voluntary Arrangement could provide an ideal debt solution. A Company Voluntary Arrangement (or CVA) is an insolvency rescue solution that allows insolvent companies to manage their debts by paying them off over time, so they can carry on trading and look to the future. To agree a Company Voluntary Arrangement, the company must appoint an insolvency practitioner to act on their behalf. The insolvency practitioner will assess their finances and whether a CVA is a viable insolvency rescue route. They will draft an agreement based on what the company can afford to pay back over time and negotiate with the company’s creditors so that a CVA can be agreed. If you are looking to agree a Company Voluntary Arrangement in Abingdon with your creditors, then we can help. Simply contact us via telephone, email or online live chat for more information. We can meet at your office on very short notice to discuss CVAs further, assess whether they would be a viable solution for your business, and begin the process of setting up a CVA.
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What Abingdon Customers Say About Us:
" I searched online looking for information about Company Voluntary Arrangements, as I had heard that they can give you more time to pay off your business debts with your creditors and make the debt situation more manageable. I came across your company and enquired online. They were able to answer all of my questions in a straightforward way. When they came to Abingdon to visit me, they were very polite and professional. I felt really reassured. They were able to agree a CVA with our creditors and since then our whole business debt situation has become much less stressful. Thank you for everything. " ★ ★ ★ ★ ★