SNV Law can provide advice for companies facing insolvency, including assisting with a Company Voluntary Arrangement (“CVA”) whereby a company which is facing difficulties in paying its debts and is insolvent then one option available to it is to agree an arrangement whereby it pays its creditors over a fixed period of time. This will involve instructing a licenced insolvency practitioner who will need to engage in a number of tasks, including arranging a meeting of creditors of the company to get their approval to the arrangement.
We also provide advice for personal insolvency including bankruptcy and Individual Voluntary Arrangements.
Contact us to arrange a consultation.