Click to play the video testimonial by Kieran Newell, Manchester Oct 06
"Affinity have been brilliant throughout the process I am very grateful for your help. I’m very happy with everything you have done for me."
Miss. P.T., London, Apr 06
There is much information available for people researching the IVA subject. The pros and cons of an IVA are well documented along with all the other aspects of the IVA process.
But in the shadows of an IVA exists an equally useful process for indebted Limited Companies. This is called a CVA or a Company Voluntary Arrangement, and here is a brief explanation of it.
The CVA or Company Voluntary Arrangement is a realistic solution to a company experiencing serious cashflow problems.
There are many similarities between an Individual Voluntary Arrangement (IVA) an a CVA, but the most obvious difference is that the Individual Voluntary Arrangement (IVA) is for personal insolvency cases, whereas a CVA is designed for a limited company.