A Company Voluntary Arrangement (CVA) is a contract between a company and its creditors to allow it to restructure its debt over a longer period of time, usually between 3 and 5 years.

The company makes regular payments to the Supervisor (a Licensed Insolvency practitioner) who will distribute funds to creditors. The directors retain control of the company and its trade throughout the CVA.

Looking for information on how to start a CVA? You'll find lots of useful advice on our website >> https://www.leading.uk.com/business-rescue/company-voluntary-arrangement/
If you'd like a no obligation chat about your current circumstances you can call the Norwich office of Leading on 01603 552028