Company Voluntary Arrangement (CVA) Bishop Auckland
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 Bishop Auckland 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 Bishop Auckland Customers Say About Us:
" Help was always there when I needed it, on the phone or at our site in Bishop Auckland . Brilliant service. The Company Voluntary Arrangement has taken a huge weight from my shoulders. I couldn’t be more happy with your company! " ★ ★ ★ ★ ★