CHESHIRE-based DIY chain Focus could become the third debt-laden business to go through a Company Voluntary Arrangement to safeguard its future.The CVA process effectively saved Wigan-based retailer JJB Sports from collapse earlier this year.CVAs let companies reduce their debts and interest payments without going into administration – but it requires the consent of at least 75% of creditors. Crewe-based Focus is heavily debt-laden. It was bought by American private equity firm Cerberus in 2007, which paid £1 for ......for the full story register now for free or login below...