Creditors' Voluntary Liquidation (CVL)

What does a creditors voluntary liquidation mean and how can we help you with the CVL process?

 

We will help you to understand the financial position and work with you to ensure no stone is left unturned to try to rescue the company.  If your company has debt it can no longer service and the opportunities for making profits in the future are doubtful, liquidation could be one of your options.  

 

Placing a company into liquidation passes the responsibility for dealing with a company’s affairs to a liquidator, but what does a creditors voluntary liquidation mean and how can we help you with the creditors voluntary liquidation process?

 

We will work closely with you to ascertain the advantages and disadvantages of placing your company into liquidation as opposed to other options.  We will advise you on liquidation costs and your employees’ rights if your company enters into a CVL.  We will guide you fully through the CVL process and ensure the right outcome for your company, its creditors and its employees.