Whether you’re a company or an individual, insolvency ultimately leads to an individual voluntary arrangement, company voluntary arrangement, or bankruptcy. Any such end point will protect those in trouble from their creditors, and may result in the creditors losing some of the money they are owed. For those who have genuinely hit hard times, these
If you find your business in a state of insolvency, exposed to continual pressure from creditors, it may be time to consider a Company Voluntary Arrangement (CVA). You can keep trading while ensuring your creditors are reasonably repaid over time. But, there is a lot to understand. Therefore, this guide provides critical information about CVA
If your business is in financial trouble and struggling to stay afloat, then you might have thought about declaring bankruptcy. If you think you’ve exhausted every other option, this may be the only path left for you to take. In the UK we’re familiar with the administration process, but around the world, there are different
