Creditors Voluntary Liquidation

Creditors Voluntary Liquidation

in Leicestershire and Warwickshire
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Creditors Voluntary Liquidation

What is a Creditors Voluntary Liquidation (CVL)?

A Creditors Voluntary Liquidation is the most common form of insolvency in the UK.

This happens if you and your fellow directors decide that, with your company insolvent, you should voluntarily wind it up. A CVL works by realising the assets of your company and distributing the proceeds to your creditors. 

How do we approach our role?

 

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Compulsory Liquidation

What is Compulsory Liquidation? This happens when the court orders that your company must be wound up.  This follows a winding-up petition ... more

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On 26 February 2019, the government issued a consultation to make HMRC a ‘secondary preferential creditor’. My recent experience of ... more

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Find out more about how we can guide you through a Creditors Voluntary Liquidation. We’re here to help with clear, straightforward support.

Call us on 0116 2325117 (Leicester) or 01926 671891 (Warwick), or email us on info@smartbusinessrecovery.co.uk