CVL ADVANTAGES

1. Proving you take the proper advice CVL is extremely effected at drawing a line in the sand. With our help the creditors very quickly stop chasing you and you are able to start a fresh.
2. Providing you get professional advice then you reduce the chance of wrongful trading and fundamentally save yourself from becoming personally liable for the company's debts.
3. brings an end to all worry, stress and un-certainty and most definitely enables you to have a very good night's sleep.
4. Prevents you building up more debt with your creditors.
5. Allows your creditors to reclaim the VAT element of the outstanding debt.

Disadvantages

1. Your actions as the company's director will be investigated by the liquidator. You must remember however nice the Insolvency Practioner you have met seems he is under a legal duty to act in the interest of your creditors that is why it is absolutely crucial that you contact us to act for you. Our fee is always capped at 10% of the liquidators fee - it pays to find the extra £500 oppose to living in regret later. We only ever refer clients to our own panel Liquidators who we have a daily working relationship with!
2. There is very little return for the company's shareholders.
3. The return for your company's creditors in a CVL is normally extremely low!