Company Voluntary Arrangement (CVA)  Enables the management to remain in control of the company. An agreement is made between the company and its creditors either to delay payment or reducing the payment of debts outstanding. An Insolvency Practioner will be appointed, who will review and recommend what proposals will be put to the creditors via [...]

How a Pre-pack Administration can save a business.
If you have a business that is facing great creditor pressure, including court summonses or statutory demands or visits from bailiffs, then it is possible to save a decent business (but not the Limited company shell) by selling that business to a “newco” possibly set up by the [...]

We are getting an increasing number of calls into the help desk from directors whose companies are struggling to trade and pay debts as and when they fall due. For many the solution may be to liquidate the company and start again. The favoured way to do this is via a Creditors Voluntary Liquidation 
Creditors Voluntary Liquidation
Creditors [...]