The costs of a CVA are in two parts - the costs of the Nominee putting the CVA proposal together and the costs of the Supervisor for administering the CVA once it has been approved by the creditors.

Usually, the Nominee will expect his fee to be paid up front in case the CVA is rejected by the creditors - expect a fee of a few thousand up to ten thousand pounds. The Supervisor’s fees are paid as part of the CVA process and is usually deducted from the payments made into the CVA. These fees can run in to tens of thousands of pounds.

These fees are in addition to the payments agreed to be made to the creditors.