This company were MEANT to be mine and my ex-husba...

This company were MEANT to be mine and my ex-husband's salvation....as if! I only agreed to filing an IVA in June 2011 on the basis that my ex had just started his own taxi company in August 2010...





In February 2013, they wrote to us to say that the IVA had failed due to non-payment and we were to consider bankruptcy. Needless to say, we were back to square one.

I declared myself bankrupt in November 2014 and was successfully discharged from it in November 2015. I wish that I had done this back in June 2011 - and not paid GT a single penny.

Interestingly, the creditors never received a penny from us via GT after the first 6 months. It had been swallowed up in GT's 'bordereaux' - which was a fancy name for their costs and advertising of our debt to the IS and the regional newspapers. We were under the impression that our creditors would have got something from us between December 2011 and February 2013, before it failed. What I want to know is this: from the Dec 2011 to the Feb 2013 period, what was the money spent on if some of it was never sent to the creditors as was promised and intended? The first six months of the payments had met their costs - why did the creditors not receive the remaining payments from Dec 2011 to Feb 2013.

Another interesting point to make is this: they did not send a Notice of Failure to us at all, which they are meant to do so by law. This Notice is legally required by Credit Reference Agencies with which to add to reports. No wonder mine looks hideous!! I have an IVA and a Discharged Bankruptcy on mine - thanks to GT! The debts in the bankruptcy were carried over from the IVA, but the agencies will not remove it because.....no Failure Certficate has been issued by GT.

I am going to make a complaint to the Ombudsman, the FCA and perhaps my local MP at some point because this company bleeds money for their own purposes, it seems.