Creditors Voluntary Liquidation (CVL)

Creditors Voluntary Liquidation (CVL) may be the solution you are looking for if your company is suffering from creditor pressure, cash flow difficulties, or liabilities that are greater than assets.

A CVL is a procedure in which the company’s directors choose to voluntarily bring the business to an end by appointing a licensed insolvency practitioner like turpin barker armstrong to liquidate all assets.