You can only get a CVA through an insolvency practitioner. They will charge you to apply for the CVA and also to administer it.

If your limited company is insolvent, it can use a Company Voluntary Arrangement to pay creditors over a fixed period. If creditors agree, your limited company can continue trading

The insolvency practitioner will work out an ‘arrangement’ covering the amount of debt you can pay and a payment schedule. They must do this within a month of being appointed.

They’ll write to creditors about the arrangement and invite them to vote on it.

The CVA is approved if 75% (by debt value) of the creditors who vote agree.

If you have a chain of shops an insolvency practitioner will approach you and show you how to screw your landlords

He will re-write your accounts to "prove" that you are insolvent (not difficult - you can pay out all the reserves as a dividend then hit "unexpected problems")

He will work out a schedule of repayment - not difficult you can prove anything with statistics

They’ll write to creditors about the arrangement and invite them to vote on it.

The CVA will be approved because your parent company (who doubtless are owed plenty by you) and the other creditors will happily vote to screw all the landlords

The insolvency practitioner collects a huge fee (actually he collected it before this all started - he's not stupid)

The insolvency practitioner makes a diary note to contact them in a year's time so he can do a Pre-pack (see above) or maybe another CVA for them