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What are Company Voluntary Arrangements?
At its simplest, a Company Voluntary Arrangement is a proposal to a Company's unsecured creditors to repay debts over an agreed period, typically 3 to 5-years, at a rate that is affordable to the Company and agreeable to the majority of creditors.
At its simplest, a Company Voluntary Arrangement is a proposal to a Company's unsecured creditors to repay debts over an agreed period, typically 3 to 5-years, at a rate that is affordable to the Company and agreeable to the majority of creditors.
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