Kent Courier CVAs

01 Nov 09

Bridgebr

There is cautious optimism about the recovering economy. But many owner-managed businesses remain burdended by an overhang of debt which is unlikely to be repaid and which is restricting future growth.

David Thorniley, partner at Bridge Business Recovery in Tunbridge Wells, explains how Company Voluntary Arrangements (CVAs) can provide relief from creditors as well as an alternative to formal insolvency.