![company-voluntary-arrangements-infographic-plaza]()
![company-voluntary-arrangements-infographic-plaza-thumb]( "What's the problem with Company Voluntary Arrangements (CVAs)?")
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Company Voluntary Arrangement (CVA) is a debt management tool offered to businesses in Scotland.
Unfortunately, a huge proportion of companies that attempt a CVA end up collapsing.
This infographic investigates the numbers and the causes behind them.
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CVA allows an insolvent company to reorganise itself, write off some of its debts and replay the remainder over an agreed fixed period. This, in theory, allows a business to reduce its montly expenditure and increase the likelihood of long-term survival.
For businesses in trouble, a company voluntary agreement (CVA) can seem like an attractive and simple propositio. It lets directors stay in control, results in a portion of debt being written off, prevents creditors taking action against the company and the shareholders retain their ownership.
![company-voluntary-arrangements-infographic-plaza]( "What's the problem with Company Voluntary Arrangements (CVAs)?")
Source:
http://180advisorysolutions.co.uk/
A Company Voluntary Arrangement (CVA) is a debt management tool offered to businesses in Scotland.
Unfortunately, a huge proportion of companies that attempt a CVA end up collapsing.
This infographic investigates the numbers and the causes behind them.
A CVA allows an insolvent company to reorganise itself, write off some of its debts and replay the remainder over an agreed fixed period. This, in theory, allows a business to reduce its montly expenditure and increase the likelihood of long-term survival.
For businesses in trouble, a company voluntary agreement (CVA) can seem like an attractive and simple propositio. It lets directors stay in control, results in a portion of debt being written off, prevents creditors taking action against the company and the shareholders retain their ownership.
Source: http://180advisorysolutions.co.uk/