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What is a Company Voluntary Arrangement?

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Leading UK

A CVA (company voluntary arrangement) is an agreement between an organization and its banks to permit it to rebuild its obligation over a more drawn out timeframe, generally somewhere in the range of 3 and 5 years. The organization makes standard installments to the Supervisor (a Licensed Insolvency professional) who will appropriate assets to banks. The chiefs hold control of the organization and its exchange all through the CVA. For more information, please visit our website.

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