Creditors' Voluntary Liquidation ("CVL")

When all other avenues have been exhausted, a creditors' voluntary liquidation may be the only appropriate way forward to manage the insolvent business. It is the most common form of Liquidation in the UK.

It involves the winding up of a company and the realisation of its assets for the benefit of creditors.

With the assistance of an Insolvency Practitioner providing insolvency advice, directors would arrange meetings with the company members and creditors in order to wind the company up and appoint a Liquidator.

Placing the company into liquidation will also protect you from creditors, who will be dealt with by the liquidator.

Jennison's will endeavour to work alongside stakeholders to maximize the return to creditors.

To speak to one of specialist team members, please call us now on 0800 107 8788.

Apply Now - Please call us for a no obligation discussion on 0800 107 8788