CVA
A company voluntary arrangement – or CVA – is the formal process of proposing and agreeing to pay a percentage of your debts back to creditors over a period not to exceed 5 years. At BCIA Recovery & Turnaround we advise and assist companies in formulating a proposal.
plan ahead with a CVA
Working via an insolvency practitioner who will ‘supervise’ the arrangements, we can help your business to agree a CVA. A CVA is often utilised in order to protect valuable assets such as development projects or long-term contracts which will eventually become very valuable to the company.
Based in Derbyshire and working with clients throughout the UK, BCIA will carry out an initial analysis of your circumstances to find out if a CVA is the best option for you. This pre-emptive move can help you to restructure your business and continue trading if you feel you have a viable and profitable future. Please note that we are unable to assist businesses based in Scotland. With over 40 years of experience you will be in safe hands as we tailor the process to your business in an effort to protect your future.
Whether you are looking to pay all or part of the company’s debts, we will help you to prepare and propose an arrangement. Simply get in touch with our professional team today for more information or to arrange an initial consultation.
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