Company Voluntary Arrangement or CVA

Company Voluntary Arrangement or CVA

Posted by admin on November 14, 2011 in - No Comments

A Company Voluntary Arrangement (CVA) is the principal alternative to liquidation. The company voluntary arrangement is a formal arrangement with the company’s creditors typically being paid over a 5 year period, repaying a fixed amount which is lower than the actual outstanding debt, which allows a business to continue to trade whilst repaying its debts at an agreed rate.

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