Company Voluntary Arrangements are traditionally insolvency solutions for limited companies. Find out what happened when we were approached by an estate agency partnership suffering from insolvency.
The partners were confident that with time the business could be turned around and had suffered from the downturn in the property market. Using some imaginative thinking, we were able to save a business from closure, which in turn prevented redundancies, we were able to protect the partners from bankruptcy and at the same time as all of this, the creditors received a better financial outcome.
Read the full article on our sister site, Cashsolv, to hear how a PVA can be possible and implemented with success.