
Christmas Appeal – Thanks to everyone who has subscribed to the website and made a donation to support me to continuing what I do. If you appreciate my work and services, and you are in a position to help, consider subscribing to the website here > https://mrbounceback.com/membership-join/ or alternatively make a donation here https://fundrazr.com/12BBn6 it will help me continue my work keeping everyone updated on the twists and turns and the never ending madness of the Bounce Back Loan Scheme. I can only do so with your help and support. Have a fabulous Christmas and New Year, and my helpline will, as always, be open over the entire Festive Period. – Mike
Below you will find the names of all Bounce Back Loan Lenders and the percentage of their respective BBL Loan Book that are either on track or have gone wrong. These figures are based on […]
Please watch the video below for a latest insight into BBL Write-Offs, Defaulter Discounts, BBL Legal problems and information on the Pre-Investigation Service, which is a way of discovering, for free and with no risk, […]
Four times a year the latest facts and figures relating to Bounce Back Loans land on my desk, and as always, I forensically deep dive that information to update my “BBL League of Shame”. That […]
My BBL helpline has been a lifeline for a great many people, and since June 2022 when it went live I have taken over 7000 calls. If you are in a dark place with any type of Bounce Back Loan related worries then give me a bell. Please help me continue offering the service by making a donation here >https://fundrazr.com/12BBn6 or alternatively subscribe to the website here > https://mrbounceback.com/membership-join/ Thank You.
Here are the Liquidators Comments about this case and an overview of what the Director did to get that 9 year ban. […]
Here is a case that revolves around a Starling Bank Bounce Back Loan. […]
The world of Bounce Back Loan Bounty Hunting may seem exciting to some, however as you will discover in the following case, not every case Lord Agnew’s BBL Bounty Hunters pay for the right to pursue, ends in profit for them, they can also make a loss! […]
Here is the background story of the 11 year ban the Director named is starting today for BBL related wrongdoing. […]
Lukasz Nowak, 43, a self-employed builder from Hounslow, West London, has been sentenced to 20 months imprisonment, suspended for two years, at Lincoln Crown Court. He was also ordered to pay £12,000 compensation to the […]
I receive so many calls about the BBL Defaulter Discount Letters, here is a reminder, just in case one has landed on your doormat. […]
Here are the details of what the Company Director named did regarding his Company’s Bounce Back Loan than landed him with a 9 year ban. […]
The Director of this Company took the Voluntary Insolvency route, one imagines, based on what he did, as opposed to having his hand forced by Barclays going […]
Here is the Court Order and details of this case. […]
Please do feel free to immerse yourself in a binge-fest of Bounce Back Loan madness, by spending some time reading through my Daily BBL News Updates. Some of those news updates are upsetting as they involve real people being treated abhorrently by BBL Lenders, some are shocking and some may make your blood boil. Take a look by clicking here> https://mrbounceback.com/category/todays-news/
If you are in Bounce Back Loan arrears, or possibly in default, or you are heading that way, you are not alone. In fact the figures that are now being released every few months show plenty of people are behind with their repayments or cannot repay those loans. For a detailed overview of how each lender is handling all aspects of arrears and defaults and how many they currently have going through the guarantee claim system and how many guarantees payments have been paid out to them, along with some shocking examples of fraud uncovered take a look at this section of the website and look your lender up. > https://mrbounceback.com/category/league-of-shame/
Feel free to tune in below, this is a timestamp of the callers and messages received during the show: 00.00 Intro 01.00Call – BBL’er Steven – BBL’er Struggling 04.31 Call – Federation of Small Businesses […]
The inside story of a crime gang that stole millions of pounds in government loans. Tune in and watch it on BBB iPlayer, but don’t choke on your coffee when doing so! My helpline is […]
Here is my Fireside Chat with Julia Hartley-Brewer on Talk Radio.
Here is my latest Fireside Chat in which I discuss, with a range of experts, topics such as insolvency with a Bounce Back Loan owing – alleged BBL wrongdoing defence/mitigation and legal help, BBL bank […]
A big thanks to Patrick Magee from the British Business Bank and Stephen Pegge from UK Finance (the latter who was representing 28 of the BBL Lenders) who kindly volunteered to take part in my […]
I recently rocked up at the offices of NatWest in London with a camera crew in tow and set about asking their team what help, and support is available to any of their customers who […]
It is often at the point in time when those who have been unable to repay a Bounce Back Loan receive official letters, from their BBL Lender, their BBL Lenders nominated debt collector or worst […]
Being a Company Director does of course come with a lot of responsibility. However, due to current financial landscape, many such business owners who took out a Bounce Back Loan are facing great difficulties in […]
Whilst some £5,573,110,000 of the £46,628,120,000 lent out via the Bounce Back Loan Scheme has been fully repaid by borrowers, the arrears and defaults figures are off the charts. You will find a Lender by […]
If you are worried about taking the Liquidation or Bankruptcy route with a BBL owing or have done so and are now being chased for a settlement figure and/or threatened with a Director Disqualification for alleged BBL Abuse or have any type of Bounce Back Loan repayment worries, or you have defaulted and it’s all gone quiet, and you are wondering what they are planning to do to you next, give my helpline a call. There are way too many shady, dodgy and rip off Insolvency Practitioners out there, many of whom have been struck off or sanctioned for misconduct, and you and your creditors need to avoid being ripped off.
These are the agreements that were put in place when the Government agreed share data to allow them to put in place, amongst other things, a “Turnover Pilot” relating to Bounce Back Loans and led […]
As you will hear in my latest Fireside Chat, many Directors who have been accused of wrongdoing with a Bounce Back Loan and are being threatened with a Director Disqualification or worse by the Insolvency […]
Just a quick update, as you may have heard on my latest webcast or you will have seen in my daily BBL news updates, Barclays have been aggressively going after Company Directors who blagged, in […]
You will have seen several news updates dotted around the website regarding BBL Defaulters Discounts, they tend usually to be offered by one particular bank that being […]
Just letting you know, as I always get a flurry of calls when Moorcroft send out another batch of Bounce Back Loan defaulter discount letters, they are […]
Moorcroft have been contacted and have said the following […]
Nothing surprises me anymore, and late last night I got wind of yet another Company with links to Rishi Sunak’s wife, Akshata Murty, that bagged money from the Future Fund. The Covid Corruption Commissioner, that […]
I wrote about the very real possibility of vigilante action taken against those with a Government backed loans quite a while ago, and even expressed my concerns to several Government Departments. The receipt of one […]
If you got a Bounce Back Loan, a Council issued Business Grant during the pandemic or even money from the Eat Out to Help Out (EOTHO) Scheme, but committed any form of wrongdoing, such as […]
If you diddled a Local Council Business Grant during the pandemic or fiddled the figures on your Eat Out to Help Out claim form, or even pulled any stunts when applying for or when spending your Bounce Back Loan, you will be hoping Labour do not win the next General Election, for Rachel Reeves currently the Shadow Chancellor is hinting, if Labour do win, she will be taking on a new Covid Corruption Commissioner to track you down and get taxpayers money back.
This case sickens me to my stomach, and is one in which someone, whether that is the Co-Operative Bank, the British Business Bank or the Secretary of State should step in and put things right. […]
I have covered upsetting cases like this before as you will see via the links to those cases. Ultimately the Ombudsman states the BBL Lender, Lloyds Bank, will back off chasing her for the BBL funds if she goes to the police. One has to worry about her safety if she does. […]
Another shocking case of a female being financially abused, and one Barclays and the Ombudsman have wiped their hands of. Shame on both the bank and the Financial Ombudsman Service. Sadly these cases are not […]
The Government Have Been in Touch with Me About the Ping-Pong and Limbo-Land Many People are Experiencing with the Department for Trade Block Strike Offs When a Company Has a Bounce Back Loan Owing – Read Their Response Here > https://mrbounceback.com/the-government-have-just-been-in-touch-with-me/
Discounts and partial write-offs are being offered to some BBL defaulters, as well as speedier defaults take a look at the following articles for details >> The Final Nail in the Bounce Back Loan Coffin? – Read and Digest This Letter Offering “Substantial Discounts” to BBL Defaulters! Why Repay a BBL in Full When They Will Offer You Such a Deal? >> Some Bounce Back Loan Lenders Are Happy To Speed Up The Default Process To Save BBL Borrowers the Agony of the Usual Three Month Missed Repayment Default Wait
Whilst allowances can and are sometimes made to anyone who broke a minor rule of the Bounce Back Loan scheme, some people did of course set out to scam the scheme from the start. There […]
Those applying for a Bounce Back Loan from May the 4th 2020 onwards when the scheme went live, did have to try, and make sense of the rules of the scheme, which in the middle […]
It has always been a subject that the Government liked to shy away from, however they have finally woken up and smelt the coffee and are now promising action to stop rogue Insolvency Practitioner Firms […]
One thing that was certainly a problem for a lot of Sole Traders when they wanted to apply for and get a Bounce Back Loan for their business, was finding a Lender that would allow […]
I hope you are finding my articles giving you an insight into the British Business Banks Top 10 Fraud Risks associated with the Bounce Back Loan Scheme of interest, if not eye opening. You will […]
The speed at which Bounce Back Loan Lenders fired out the cash when that scheme was live for applications was impressive, however that did enable plenty of fraudsters to take advantage of the need for […]
I am working through the top 10 fraud risks associated with the Bounce Back Loan scheme as identified by the British Business Bank. The second highest risk to that scheme in their opinion was applications […]
That magical ping on your banking app letting you know that your Bounce Back Loan had appeared in your bank account may seem like a distant memory now, but for some people that ping was […]
The British Business Bank, having expressed their concern of the fraud risks associated with launching the Bounce Back Loan scheme in their Reservation Notice to Ministers days before the scheme went live, were of course […]
When the Insolvency Service sink their teeth into your leg, they rarely let go and will happily slap you with a long disqualification and compensation order if you take the Insolvency route when they are told you committed wrongdoing when applying for and/or when you spent that BBL. Take a look at around 1500 such cases here > https://mrbounceback.com/category/the-disqualification-files/
All Lenders have been told to ensure anybody who is vulnerable is treated very, very fairly when it comes to BBL arrears and defaults. Lets’ face it they should do, as the Government did tell you to close/suspend your business, not go outside or you could die and then dangled £50k loans in front of those business owners they had put the fear of God into, many who were understandably vulnerable at the time. Need a Chat? Give me a bell > https://mrbounceback.com/my-bounce-back-loan-helpline-open-every-day-of-the-week-4am-to-4pm/
Anyone who took out a Bounce Back Loan then dissolved their Company without telling Creditors, such as the BBL Lender, with the intention of getting out of repaying the BBL should be worried, as case after case are now going before the courts and plenty of people are being found guilty and are being locked up.
Never, ever forget, it was the Government who told you to close/suspend your business, then filled your heads with stories of how going outside could lead to your death due to the “pandemic” then as you sat there with your business devastated, and in most cases, in a very, very vulnerable state, dangled a huge £50k loan before your eyes, with no credit checks and no affordability checks.
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