what is a creditors voluntary liquidation?
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Creditors Voluntary Liquidation (CVL)

This is the most common form of liquidation. The procedure is commenced by the directors and shareholders of a limited company.

To some extent a review pre a CVL provides directors with a planning period to both improve the position for creditors and to enable the directors to prepare for a re-start company (if required).

To understand more about a CVL please click on the left hand side of this page.