Interlocking IVAs

There are situations where two separate IVAs relating to spouses or partners are linked to become interlocking IVAs. This is where each IVA is dependant upon the other and they are administered jointly for practical reasons.

It is important to remember that before this can be considered, each individual has to apply separately for an IVA and have approval of the arrangement.

Joint debts and IVAs

If you have a joint debt and enter into an IVA, the other person named on the debt will still be responsible for making payments towards it. This is called joint and several liability, and means that the debt is owed jointly between you and the other person named on it. If you have some of the debt written off, the other person will still be asked to pay the remaining money back.

If you have joint debts and are thinking about entering into an IVA, you should contact us for some advice first, so that we can let you know how it will affect you and the other person named on the debts.

If you need more information about IVA debt solutions, you can get free, impartial advice from us. Our online service, CCCS Debt Remedy can recommend the best debt solution for your situation and tell you if an IVA is suitable for your circumstances.