In September 2005 Tracy was forced into bankruptcy after a company in Qatar failed to pay her company, Quest, the £6million owed for The Oryx Quest 2005 - The first round the world race to start and finish in the Middle East.  Tracy had borrowed £8million from a bank in Qatar to enable the event to go ahead.  

The event was hugely successful with the participation of the four biggest, fastest  multihulls in the world taking two months to race around the globe from and back to Doha in Qatar.  The event created $46million worth of PR in Qatar's key target markets.

In July 2005 Tracy travelled back to Qatar to attend meetings with the Qatari company that owes the money.  The meetings did not happen; they had never been organised.  When Tracy attempted to travel home to deal with the liquidation of her company and organise an IVA for her personal debts in the UK, The Foreign Minister of Qatar stopped her exit visa and she was held illegally in Qatar for 28 days whilst being aske to sign a declaration (in Arabic) absolving Qatar of their debt to Quest.  She did not sign and was eventually released after the intervention of The Emir.

Tracy was never officially served with her bankruptcy papers but was made bankrupt in her absence on her 43rd Birthday 5th September 2005.    She lost her home, her life savings, all her assets, her pension and her life insurance policy leaving her 5 year old daughter totally vulnerable.  Tracy lost twenty years of her life's work in one day. 

A year later she was discharged from Bankcruptcy and three years later Tracy and her daughter live in London after having rebuilt their lives from scratch.

Find out how they did it and how to manage insolvency.   How did they survive?  What practical and emotional advice would Tracy give to anyone in a smiliar situation.

With Britain now offically in Recession, hear Tracy's honest and heartwarming account of survival against the odds.