There are times we can’t save your business, to help you deal with your business debt, we can use a number of tools, including:
Creditors’ Voluntary Administration (CVL)
A Creditors’ Voluntary Liquidation refers to the winding up of an insolvent company. It is a formal procedure used where a company has insufficient assets to satisfy its liabilities.
Members’ Voluntary Administration (MVL)
A Members’ Voluntary Liquidation (MVL) refers to the winding up of a solvent company by a resolution of its shareholders.