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CVA as an alternative to voluntary liquidation – our guide

If you are considering entering into a CVA as an alternative to voluntary liquidation then hopefully this guide should help. In this day and age, we understand compromises have to be made. In some circumstances, we have found companies are struggling to get out of debt, despite providing an in-demand…

What are the Pros and Cons of Voluntary Liquidation?

Voluntary liquidation is the term used when a company decides to cease trading of its own accord. It is usually implemented as a final measure to settle outstanding debts by selling assets and property. The process can manifest via two methods, members’ voluntary liquidation and creditors’ voluntary liquidation, but the…

Voluntary Liquidation: The advantages for company directors

As a company director, we know it can be difficult to see the positives in liquidating your company to pay off your debts, but there are advantages to this situation. For example, many directors choose a process called creditors’ voluntary liquidation which offers a number of benefits unlike trading insolvent…