Company Voluntary Arrangements (Northern Ireland only)

Company Voluntary Arrangements (Northern Ireland only)

Through a CVA, the Directors of a company can put a proposal to its members for payment of its debts over a period of time.

Through a CVA, company Directors can put a proposal to its members for payment of debts.

Through a Company Voluntary Arrangement (CVA), the Directors of a company can put a proposal to its members and creditors for payment of part or all of its debts over a period of time.

Our objective is to assist the directors in formulating this proposal to put to creditors, thereby allowing the company a fresh start and allowing creditors to increase their realisations compared to a Liquidation scenario. As Supervisor of such an arrangement, our role is to report to creditors on the progress of the CVA.

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Restructuring

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