This IVA resource aims to follow on from that article by answering more specific questions about the IVA process.
Can all my Debts be included in an IVA?
You can only use an IVA for unsecured debts, such as credit cards, unsecured loans, store cards and bank overdrafts.
An IVA will not cover any debts which are secured against an asset, such as mortgage, remortgage or secured loan. There are other debts which can also not be included such as certain student loans or debts which arose from fraud.
To see if your …