Debt & Limited Companies
- Informal Arrangements
- Company Administration
- Administrative Receivership
- Company Insolvency
- Creditors' Voluntary Liquidation
- Compulsory Liquidation
FAQ's from companies in debt
FAQ's Running a company with struggling finances can be a lonely place to be. Check out our CVA & business recovery frequently asked questions section to get the low down
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My business is struggling - What are my options?
We know that ever business is different it may be that a Company Voluntary Arrangement (CVA) is right for you. A CVA is a formal arrangement between the company and its creditors for settlement of its debts over an agreed time scale where the business is suffering cash flow difficulties but is otherwise fundamentally sound. Sterling Recovery could help you see the wood for the trees. We are able to give impartial and practical advice to help resolve conflicts between directors and shareholders and give consideration to alternative rescue producers.
"In simple terms, a CVA is an arrangement between the company and its creditors to repay the debt over a period of time – typically 5 years. Once a CVA has been agreed by creditors, all interest and charges on company unsecured debts will be frozen..."
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Sterling Recovery - Business Recovery & CVA Services
CVA Pro's & Con's:
- Legally binding
- Avoids liquidation
- Generate profit
- Accepted by creditors
Sterling Recovery specialise in providing debt solution services to companies with financial problems. A company voluntary arrangement could write off up to 75% of your outstanding debt, without stripping you of assets. We can negotiate with your creditors and arrange a legally binding, manageable repayment plan. Your company needn't go under - just contact us and let Sterling Recovery organise a company voluntary arrangement (CVA). Did you know we can help over 80% of companies who contact us?. Regain control of your finances and your business. Contact Sterling Recovery CVA & business recovery specialists today.
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