Please visit for confidential help and insolvency advice or email

Tuesday, 8 October 2013

Credible financial forecasts are critical in a CVA proposal

If you are thinking of making a Company Voluntary Arrangement (CVA)  proposal to your creditors, one of their critical prerequisites is your credibility. Think about it: many of them will have been chasing you for weeks and may even have issued a Winding Up Petition.

If you come back to them with what they may see as yet another promise about to be broken, or with a less-than-professional proposal to pay them, you can understand that they will need some convincing.

Read our page on Financial Forecasts in a CVA - courtesy of our Financial Director Andrew Hunter  that gives an insight into the whole process.

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 If you are a professional advisor with a troubled client, please suggest they visit or contact me as above.

Web Analytics