Partnership Voluntary Arrangement

In a PVA, partners can make a proposal to their creditors which may allow continued trading so that they can repay them from assets and future profits. It’s similar to a Company Voluntary Arrangement.

At Frost Debt Solutions, we can assess your partnership’s profit potential. If it’s healthy, we’ll work with you to prepare a proposal for the creditors.

We'll aim to satisfy creditors and relieve your immediate financial burdens. Leaving you to get back to business.

If creditors insist on enforcing their claims – and if your partners have personal assets and liabilities – you might want to consider protecting your estates with a IVAs to run concurrently with the PVA. Frost Debt Solutions can advise on this.