Find out more about a company voluntary arrangement in Milton Keynes

Having issues meeting your financial responsibilities?

Getting regular calls from creditors?  Need to ease the pressure?

McTear Williams & Wood has the answers

Call us now on 0800 331 7417

There are many reasons why a business can suffer from cashflow problems. From external events that disrupt the market through to customer insolvencies, you never quite know where difficulty might strike. And when it does, managerial capacity is often absorbed in attempts to manage and service the debt. 

Fortunately, there is a measure available for businesses suffering from distress. It’s called a company voluntary arrangement and allows you to restructure your debt into one single payment, giving you the space to meet your creditors demands, and focus on what you do best, making money. 

This arrangement must be implemented by officially recognised insolvency practitioners, who negotiate with your creditors to find an acceptable arrangement for all parties whilst structuring a schedule of repayments. 

Want to know if your debt can be managed in this way? Find out more with an appointment to discuss your company voluntary arrangement at our Milton Keynes offices. Speak to one of our insolvency experts who will fill you in on all the options available to you whilst reviewing your current situation. 

Why choose McTear Williams & Wood?

  • The right facts and figures - you need the right evidence to support your claims that your company can return to profitability and meet the financial obligations of a company voluntary arrangement. We will find this information for you.
  • Working with creditors - it is essential that your creditors submit to the proposed schedule of repayments stipulated in a company voluntary arrangement. We will put your case to them and help explain why this course of action is in their interests.
  • Accountancy support - we understand how to present your accounts to your creditors in order to provide them with a fully accurate and transparent picture of your current situation.
  • Expert consultation - pick up our best advice on how to resolve your situation in a simple one to two hour meeting. If we do not think a company voluntary arrangement is the best for you then we will provide you with some ideas for alternative course of action.

Your next step

Time is critical with a company voluntary arrangement. Whilst there is still liquidity left in your business it is easier to put such an agreement in place, however if the situation is allowed to deteriorate then it may be the case that this option is no longer available to you.

Act now to achieve the best result for your business turnaround.   Visit McTear Williams & Wood at our Cambridge office to discuss a company voluntary arrangement today.  Call us now to set up your appointment on 0800 331 7417

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