No. An IVA can only cover your unsecured debts such as credit cards, storecards, bank overdrafts, mortgage shortfalls, HP shortfalls, personal loans and HMRC debts. It does not cover debts secured on any assets, such as mortgages and Hire Purchase agreements for motor vehicles. Court fines are also excluded from the IVA process as are fraudulent debts, student loans and child maintenance arrears.