Telephone: 0151 - 651 2000
Fax: 0151 - 651 1600
Mobile: 0771 - 866 1000
e-mail: info@addiswalker.co.uk
We assure your confidentiality at all times.

Formal Protection

The two most commons means of formal protection are briefly outlined below. For more information please get in touch on 0151 - 651 2000.

Company Voluntary Arrangement (CVA)

A CVA is a binding legal agreement between a company and its creditors, which details what will happen to the company's debts and liabilities.

Agreements tend to allow companies to repay their liabilities over a period of time while the directors remain in control.

Administration

Sometimes misunderstood as the final stage of a company's life, administration can in fact give companies the vital time needed to get back on track.

During administration, a company may enter into an agreement where they are granted protection from their creditors while restructuring and recovery procedures are performed.

To discuss either of these procedures, contact Addis, Walker & Co now on 0151 651 2000.

 
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