Winding up petitions & company voluntary arrangements - Case Study

Notes for Companies based in South Wales, Cornwall & Devon - Case Study

 

If your company received today a winding up petition no doubt you would be very concerned that it might mean the end of your business.

 

By approaching licensed insolvency practitioners they can:

 

  • prepare a CVA proposal within days

 

  • and file the necessary papers with the court to stop the winding up hearing taking place.

 

That Court Order would result in a freeze on creditors actions while arrangements were being made to discuss then agree a settlement of "so much in the pound" with creditors.

 

If your company is based in Devon, Cornwall or South Wales we can prepare a Company Voluntary Arrangement proposal on your behalf - In case the creditors of your company do not accept the proposal we always have a "Plan B" already agreed with you to save your business in an alternative way

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