Voluntary Arrangements
A Voluntary Arrangement is a procedure by which an Individual (an "IVA"), a Partnership (a "PVA") or a Company (a "CVA") can settle their debts through a legally binding agreement, avoiding bankruptcy or liquidation.
The Voluntary Arrangement procedure involves putting a proposal to creditors who decide whether or not to accept it. Such proposals require the assistance of a licensed insolvency practitioner. At Carrick Read Insolvency we have two licensed insolvency practitioners, Christopher Garwood and Jonathan Lupton, who can assist both individuals and businesses with the preparation and setting up of Voluntary Arrangements, with a view to solving debt problems.
Carrick Read Insolvency has a significant amount of experience in this area of insolvency law, having assisted debtors and businesses with Voluntary Arrangements for over 15 years, with a high rate of success.
For further information click on Individual Voluntary Arrangements or Company Voluntary Arrangements.
