A CVL is the formal winding up of a company’s
affairs managed by a liquidator, this process puts
an end to creditor pressure and can be instigated
relatively quickly. A CVL is a public process that involves an investigation into director conduct and the company will generally cease to trade. To discuss a
CVL with a Licensed Insolvency Practitioner, please contact one of our team.
How long does a CVL take?
When the directors of a company decide to place the company into CVL the process can take as little as two weeks. The Licensed Insolvency Practitioner appointed as liquidator will realise the assets to distribute the funds to creditors. To discuss the benefits of a CVL with a CVL expert, please contact one of our team.
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