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Questions and Answers

Introduction

The answers to the three main questions all directors ask, which are critical to the decision process and what you need to know before you take that life changing direction;

How much does it cost?We genuinely don’t charge for a CVA, we get paid out of the scheme. The remaining answer to this question is in the next explanation. How much do I save?

How much do I save?That very much depends on how much debt the company has. But let’s makes it simple and give an example.

  • If you owed £100,000.00 to all of your unsecured creditors, which can include V.A.T, Inland Revenue, Trade Creditors and Unsecured Bank then we, with the acceptance of those creditors would probably look to write off £40,000.00 of that debt completely leaving £60,000.00 to be paid over 5 years at £1,000.00 per month.

    • How does it affect me?

  • Quite simply it doesn't, you carry on as a director running the company as before.

    • For more information read about What We Do? and How We Do It?

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