Please visit http://www.companyrescue.co.uk/ for confidential help and insolvency advice or email keiths@ksagroup.co.uk

Thursday, 8 August 2013

Credit ratings for companies in a CVA

It has always been a problem that companies in a CVA end up without a credit rating.  This is not the same as having a low credit rating they simply aren't rated.  This seems strange as prior to a CVA the company is very likely to have an adverse rating and will be on the brink of collapse under its debts. Following a successful proposal the creditors have agreed to write off some of their debts and hence improve the company's balance sheet.  Surely this would put them in a better position??

Read Keith Steven's article in Credit Today on how to assess the credit rating of a company in a CVA.

http://www.credittoday.co.uk/blog/post/118/risky-business


No comments :

Post a Comment

Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

Web Analytics