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Ashley Park: CVA

Advantages

1. Creditors often favour a CVA is they stand to get a better return rather then if the company went into liquidation
2. The company can continue to trade whilst the CVA is in place
3. Only 75% in value of the company's creditors have to agree to the proposal
4. All Unsecured Debts can included within the CVA
5. Any profits generated during the term of the CVA can be used as Working Capital

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