One of the problems with insolvency is that the majority of the people affected do not fully understand the processes involved through no fault of their own. The insolvency profession is actually one of the most heavily regulated professions there are and it is important that in these sorts of circu...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by MerlinL14 font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by JPS research it properly Merlin. The share price dropped 70% yesterday. I had no reason to re...

research it properly Merlin. The share price dropped 70% yesterday.

Cleardebt are in trouble. Their share price collapsed 70% yesterday as they are delisting from the stock exchange. I wouldn't be surprised if they are swallowed up by a bigger firm in the very near future. If they don't they are likely to go bust.

Yes this does look like a breach of the terms in your proposal. Unless a variation meeting has been held with your creditors to extend the length of the arrangement which judging by your post is unlikely. I would bring this to the attention of the Insolvency Practitioners Association immediately. Th...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by luluj My understanding is before making a formal complaint to the ombudsman or any other external body, you must ensure you have exhausted GT's own internal complaints procedure in fall. Without doing ...

Yes you can. Contact the Insolvency Practitioners Association to complain about the IP who is your supervisor. The IPA authorise all IPs at GT.

Alternatively contact the insolvency service who can take forward a complaint on your behalf.

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by Emz1982 Well well well rang GT last week for an update after holding for 20 minutes I am told lines are busy and someone would call me back, tried again today same thing. 8 years on and no further disg...

The regulatory bodies have an agreement with the secretary of state whereby they have to investigate all complaints, and they are able to consider matters relating to an IP's conduct. If I wasn't happy with someone's conduct I would complain to a person that could do something about it and not the s...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by I am fed up So all, they have done it again, why am I suprised. here we go. Last payment made in May. Confirmed all funds receieved and case passed to Closures team in June. told end of November final ...