If your company gets into difficulty due to an unfortunate
combination of circumstances and you find that you cannot pay creditors
as and when they fall due but believe that your business is fundamentally
viable then a company voluntary arrangement may be appropriate. A company
voluntary arrangement is a fairly quick and simple method by which you
can ask the company's creditors not to press for immediate payment in
order that you can pay them an agreed sum over a given period of time.
We will be pleased to explain in confidence and without prejudice and
free of charge whether such a procedure would be appropriate for your
company.
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