Mr Bounce Back - Bounce Back Loan News - Updates

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[ July 27, 2024 ] Are Lloyds Bank Scamming Bounce Back Loan Recipients by Adding a £7 Fee Each Time a BBL Repayment Bounces? New Government – No Change It Seems! Todays News
[ July 27, 2024 ] Taking the Bankruptcy Route Themselves Proves to Be the Undoing of Sole Traders Stuart Derren Jackson, Norman Chambers and Piotr Ireneusz Antonczyk as They All End Up with Long Bankruptcy Restrictions Orders for BBL Wrongdoing The Disqualification Files
[ July 26, 2024 ] Members of the Fair Banking All Party Parliamentary Group Knew Santander Were Allowing Customers to Estimate Their Turnover to Get a BBL and May Have Knowingly Aided and Ignored Possible Miscarriages of Justice Fair Banking APPG
[ July 26, 2024 ] Majid Habib the Director of Netsys Ltd Starting a 10 Year Ban Today For Over-Egging His Company Turnover to Blag a £49,000 Bounce Back Loan from Barclays – Liquidator Not Too Hopeful of Getting a Penny Piece Back The Disqualification Files
[ July 26, 2024 ] Zunair Kler the Director of Zunair Kler Limited Starting a 10 Year Ban Today for Over-Egging His Company Turnover to Blag a £50k BBL from Santander When Only Eligible for a BBL Valued at £8,169 The Disqualification Files
[ July 26, 2024 ] Maria Dragieva the Director of Vemma Ltd Starting an 11 Year Ban Today for Blagging Two Bounce Back Loans from HSBC and Barclays – Liquidator Confirms He Hasn’t Bothered to Pursue the Money as She Hasn’t Got Any The Disqualification Files
[ July 25, 2024 ] NatWest Ordered to Pay £5,000 Compensation and “Do The Right Thing” Regarding a Defaulted BBL For a Customer Whose Vulnerable Husband Was Sadly Pushed Over the Edge By the Bank Due to Their Failings and Has Passed Away BBL Complaints and Outcomes
[ July 25, 2024 ] Arsenal, Close to Signing £42m Deal for Calafiori Gambling
[ July 25, 2024 ] Diversity Data Reveals a Surprising Insight Into Company Directors Taken to the High Court for Alleged BBL Skulduggery by Barclays, Starling Bank and Lloyds – Surnames Ali, Khan and Doal Lead the Way – Racism? Xenophobia? Or Just How It Is? Todays News
[ July 25, 2024 ] Mohammed Emran Miah the Director of Undaal Express Limited Starting an 11 Year Ban Today for Over-Egging His Turnover to Blag a £50k BBL, Transferring It To Himself Then a Few Weeks Later Getting His Company Struck Off The Disqualification Files
[ July 24, 2024 ] Bristol Builder and His Father Given Suspended Jail Sentences for Bounce Back Loan Fraud BBL Jailbirds
[ July 24, 2024 ] Press Release – Insolvency Service Continues Hard Work to Tackle Bounce Back Loan and Other Covid Loan Abuse Todays News
[ July 24, 2024 ] Wendy Louise Stubbs and Richard Stubbs the Directors of WS Farm Holdings Ltd Given Long Bans for Misappropriation of Assets / Failing to Disclose Assets (Herd of Cows) at Liquidation Resulting in a Gov Backed Loan Being Left Unpaid The Disqualification Files
[ July 24, 2024 ] Shubhcharan Singh Sangha the Director of H.B.S Aesthetics Ltd Given an 11 Year Ban For Claiming His £215 Turnover Was £220,000 to Blag a £50k Bounce Back Loan from TSB The Disqualification Files
[ July 24, 2024 ] Ian Shaw the Director of Life Services Group Limited Starting a 10 Year Ban Today for Blagging a £50k BBL From HSBC For His Dormant Company That Had No Turnover and For Not Proving Where the Money Went The Disqualification Files

July 27, 2024

Barclays were, until just a few weeks ago, the only BBL Lender enforcing BBL Debts. But now, both Starling Bank and Lloyds Bank have started to do so. However, they are only doing so if defaulters fit the very strict criteria for enforcement. The articles above will enlighten you on what that criteria is, and whether you should be worried about any of those Lenders heading to the High Court with a Winding Up Petition against your Company, and if they do, they will often sell the debt to “BBL Bounty Hunters”, those being Litigation Funders who will then pursue you personally for the debt, in exchange for a hefty percentage of the money they recover from you by selling off all your personal assets.

My 12 hours a day, 7 days a week BBL Helpline is funded by website subscribers and those who kindly make a donation. You have nothing to fear about being unable to afford to repay your Bounce Back Loan, the number of people who did no wrong and are being chased after the recoveries process has ended is ZERO. Just make sure you follow the rules and you will be fine moving forward. Give me a call if you do have any BBL related worries or concerns, it is me you will talk to. If you can afford to help contribute, it would be most appreciated, and will allow me to continue to be there for those in a dark place, and with a new Government on the way, I will need to keep my eyes on them, to ensure they do not try pulling any stunts when it comes to trying to harass those who cannot afford to repay their BBL and have defaulted. My Year 5 Fundraiser is now LIVE. Donate here > https://fundrazr.com/d2Psr2

A dastardly scheme is currently in operation behind the scenes, which is going to reveal who blagged a Bounce Back Loan, but sadly, that scheme has the very real potential to cause absolute carnage and label completely innocent business owners as BBL fraudsters. So be warned, and ensure you keep records, such as those highlighted in this article, for one of the worst cases I have seen so far, when someone was wrongly accused of BBL fraud, could have seen that customer being jailed if they hadn’t battled their case, won and got their BBL written-off. Just play the game and follow the rules and you will be fine.

There is a very defaulter friendly system in place when it comes to Bounce Back Loans, and most Lenders will push you to default if you tell them you are skint and cannot repay your BBL. Some will even speed up the default process if its affecting your mental wellbeing. Once you do default the magic happens for you and the Lender, they get their money back from the Government Guarantee and you can then repay any affordable amount each month, which could be just £1 per month, or you could be offered a BBL defaulter discount worth as much as 98p in the £1, or just ride out the 12 month recovery process, as that is when most Lenders give up the recovery process.

Has your LTD Company Strike-Off been blocked, due to an unpaid Bounce Back Loan? Don’t get hit with late submission fees, don’t ignore your responsibilities as a Company Director, and don’t risk getting hauled before a court and getting jailed for falling foul of Section 1006 of the Companies Act 2006. Have a word with Marchford who can help you navigate taking the Strike-Off/Dissolution route with a Company with an unpaid BBL, and can help you unwind any mess your have got your LTD Company in.

Whilst I can help you with most aspects of your Bounce Back Loan “journey”, and actively encourage you to call me on my helpline if you need a chat, sometimes you may need some extra help, such as from a team of legal experts. If you are being hounded about a BBL by the Insolvency Service for example, after taking the insolvency route with your Company or are being messed about by your Lender, or even have the National Investigation Service demanding a meeting in a local police station for alleged BBL wrongdoing, then give Complex Law a call, they know their stuff and will get your sorted, tell them Mike sent you.

BBL Trackers

Fancy That!

Immigration Raids to Start as They Are a Great Way to Bring to Justice Business Owners Who Have Committed Bounce Back Loan Related Wrongdoing and Fraud, With Three Directors Receiving Long Bans in the Last Few Days

Rachel Reeves Confirms Her Covid Corruption Commissioner Will Soon Be Appointed To Go After PPE VIP Lane Blaggers and There Will Be No Worries for BBL Defaulters (But Matt Hancock, Michelle Mone and Lord Agnew Should be Worried)

Updated – The Entire List of Companies Wound Up in the High Court by Barclays and Just How Much Lord Agnew’s Bounce Back Loan Bounty Hunters Personally Recovered From the Directors and How They Stepped Back When One of Them Was Receiving Palliative Care

Subscriber Special – The Complete Procedure to Be Followed If You Are Now in a Position Whereby You Cannot Afford to Repay Your Bounce Back Loan – Its Quick and Simple, and as Long as You “Play the Game” Alongside Your Lender Who Is Also “Playing the Game” You Will Be Fine

Subscriber Specials

Subscriber Special – Step By Step Guide to Getting the Maximum Bounce Back Loan Defaulter Discount – You Could, Like 10,000s of Others, Pay Just Pennies in the Pound and Have the Rest Written Off Legally and Legitimately By the Lender with No Further Action

An Insight Into the 5 Key Things That NATIS, the Now Proven to be Police Impersonating Bounce Back Loan Door-Kicking Police, Look For When Investigating Suspected BBL Fraud

Daily Updates

Are Lloyds Bank Scamming Bounce Back Loan Recipients by Adding a £7 Fee Each Time a BBL Repayment Bounces? New Government – No Change It Seems!

Taking the Bankruptcy Route Themselves Proves to Be the Undoing of Sole Traders Stuart Derren Jackson, Norman Chambers and Piotr Ireneusz Antonczyk as They All End Up with Long Bankruptcy Restrictions Orders for BBL Wrongdoing

Members of the Fair Banking All Party Parliamentary Group Knew Santander Were Allowing Customers to Estimate Their Turnover to Get a BBL and May Have Knowingly Aided and Ignored Possible Miscarriages of Justice

Latest Court Action

Updated – Judge Burton Begins to Wind Up Ltd Companies that Starling Bank Suspect Blagged them out of a Bounce Back Loan and Lloyds Bank Hand in Several Additional Winding Up Petitions – Is Your Name on the List? Check to See

Subscriber Special – As I Predicted, Lloyds Bank Now Head to the High Court To Get Several Companies Wound Up Using the Same Solicitors as Starling Bank – The Latest Twists and Turns of the Bounce Back Loan Scheme Unfolding as the General Election Looms

Updated 1st July – Subscriber Special – Starling Bank Admits the FCA Are Investigating the Bank and they are “Reviewing All Lending and Will Take a Proactive Stance on the Recovery of Defaulted Loans” (Including BBLs) Hence Them Heading to the High Court Recently

Subscriber Special – Bank Bosses Panic at the Thought of Labours Covid Corruption Commissioner – Some Considering Making An Effort (At Last) to Wind Up Companies in the High Court That They Know Blagged Them Out of a BBL, Like Barclays and Starling Are Doing (Lloyds Next?)

Subscriber Special – Starling Bank Increases the Number of High Court Winding Up Petitions Against Ltd Companies to Nine, All of Which Are Due to Go Before a Judge in the Next Few Weeks Which Could See “Bounce Back Loan Bounty Hunters” Being Dispatched

Top Stories

Subscriber Special – I Have Had It Confirmed to Me in Writing By The Insolvency Service, That It Doesn’t Matter When a Company Was Incorporated, It Was The Date It Commenced Trading As To Whether an Estimated Turnover Could Be Used to Apply for a Bounce Back Loan – Read What They Say

BBL Deals

Subscriber Special – Is This The Lowest Ever £50,000 Bounce Back Loan Repayment Plan? Just £1 Per Month – Take a Look at the Paperwork of the Deal Arranged That Will Take 4,166 Years and Six Months to Pay Off – What a Time to be Alive!

Subscriber Special – The Complete Procedure to Be Followed If You Are Now in a Position Whereby You Cannot Afford to Repay Your Bounce Back Loan – Its Quick and Simple, and as Long as You “Play the Game” Alongside Your Lender Who Is Also “Playing the Game” You Will Be Fine

Subscriber Special – Step By Step Guide to Getting the Maximum Bounce Back Loan Defaulter Discount – You Could, Like 10,000s of Others, Pay Just Pennies in the Pound and Have the Rest Written Off Legally and Legitimately By the Lender with No Further Action

BBLs and Strike-Offs

Subscriber Special – The Government Have Just Been in Touch with Me About the Ping-Pong and Limbo-Land Many People are Experiencing with the Department for Business and Trade Blocking Strike Offs When a Company Has a Bounce Back Loan Owing – Read Their Official Response

Subscriber Special – What Happens When You Are In Limbo After Defaulting on a BBL and Your Company Dissolution/Strike Off Has Been Blocked by the Department for Business and Trade?

Subscriber Special – Despite Lenders Informing the Government they are NOT Pursuing Individual Vulnerable Directors For BBL Debts Owed by Their Ltd Companies, The Government Continue to Drag Their Heels Removing the Strike Off Blocks They Imposed on Those Companies

Multiple Prosecutions Resulting in Prison Sentences Have Spurred the Insolvency Service On To Take To Court Those Who Managed to Get a Voluntary Dissolution or a Compulsory Strike Off Without Repaying Their Bounce Back Loan

Subscriber Special – HMRC Have Been In Touch Offering Guidance for Those Who Want to Avoid Getting Into Trouble When Enduring the Long Delays Caused When Awaiting a Strike Off Block Imposed by the Department of Trade to be Lifted Once a BBL Lender Has Decided Not to Pursue a BBL Debt

Complex Law Cases

Bumbling Barclays Bank Ordered to Write Off a Bounce Back Loan and Pay Compensation to a Client of Complex Law – They Step in to Help After The Bank Put His LTD Company BBL in His Personal Name and Tried to Hold Him Personally Liable for the Company BBL

Lloyds Bank Offers to Write Off a Customers Bounce Back Loan Once Complex Law Take Up the Case and Inform The Bank They Never Advised Her of the PAYG Options and How Vulnerable She Was

Threatened With a 5 Year Ban for Over-Egging His Turnover and Buying a New Car With BBL Funds, a Company Director Turns to Complex Law Who Negotiate a Settlement Agreement with No Ban