
BBL Helpline: For obvious reasons, I am currently taking a large number of calls on the helpline, I have call waiting set up, so if the line just rings out, fear not once I finish the current call I will call you back. If you have put off calling, please make that call, you need to get your BBL worries put to bed and quickly.
Update: “BBL Summer of Love”: The summer of 2025 will be your last chance to do the right thing and put all your Bounce Back Loan demons behind you, with no questions asked. Failure to do so may just see you being rounded up, and even locked up in the “BBL Winter of Regret” When the Public Authorities (Fraud, Error and Recovery) Bill Gets Royal Assent, at which point Civil Servants will be able to extract funds directly from your bank account(s) if they “reasonably believe” that money is owed to the taxpayer. – More on that soon…… My Bounce Back Loan helpline is open daily between 4am until 4pm as it’s always been, if you need a chat.
I am in constant contact with the Covid Corruption Commissioner and have had meetings with him, and I am aware of what these new initiatives are, and will enlighten you once they are about to go live. […]
Business owners who overstated their turnover to secure Bounce Back Loans (BBLs) during the pandemic are now on the radar of authorities, with their details compiled in an Excel spreadsheet held by the Department for Business and Trade. […]
Not one of those people who have set up a repayment plan have been hounded in any way shape or form after setting it up, and that is something that will be continuing moving forward if you are quick. […]
Update: Multiple helpline callers have chosen to do the right thing and set up affordable repayment plans over the last couple of days, all report it was a hassle-free experience with no questions asked. Many Lenders will allow you to instantly set up a standing order/direct debit or contact them monthly so they can take you payment over the phone (handy if they have closed your account as most of them will have done when you defaulted). Is it your turn now? Give me a bell if you need a kick up the backside or some moral support to get your wayward and/or slightly iffy BBL put to bed.
Below are the once secret and highly redacted “Potential Fraud Red Flags” from the BBLS Term Loan Lender Manual, which, if nothing else, may just help you make up your mind as to whether you should be setting up a repayment plan on your possibly dodgy and long defaulted Bounce Back Loan, to avoid having your collar felt […]
The newly appointed Covid Corruption Commissioner is going to be eagerly monitoring a pilot recovery scheme targeting individuals who fraudulently obtained duplicate Bounce Back Loans […]
The Covid Corruption Commissioner, Tom Hayhoe, has set his sights on the “zombie” companies languishing in limbo with unpaid Bounce Back Loans ( […]
Below are the Government’s Policy Papers relating to the Public Authorities (Fraud, Error and Recovery) Bill, please give them a good read through, as you will discover what is being planned, in the “BBL Winter of Regret” once it becomes law for those who did blag a Bounce Back Loan if they fail to do the right thing (set up an affordable repayment plan) during the “BBL Summer of Love”
What is the current policy? The PSFA sits in the Cabinet Office […]
What is the current policy? The Public Sector Fraud Authority […]
What is the current policy? The PSFA’s Enforcement Unit currently does […]
What is the current policy? The Public Sector Fraud Authority […]
The Bill includes new and important safeguards, including new reporting […]
The Public Authorities (Fraud, Error and Recovery) Bill intends to […]
“The Bill contains measures to provide the PSFA with the power to recover debt in relation to funds that a public authority is entitled to recover and which, following a PSFA investigation into suspected fraud, were obtained fraudulently or through error. The PSFA will initially seek voluntary repayment of debts through affordable and sustainable repayment plans.“
Here are the details of this case. […]
Here is the background story to this case. […]
Read on for the details of this case. […]
Take a look at the daily updates which includes Ombudsman BBL complaints and outcomes, in-depth details of everyone banned as Company Directors or given Bankruptcy Restriction Orders as Sole Traders and any updates and new scandals related to the BBL scheme, visit the Today’s News section of the website, and for the juicier stuff, head on over to the Subscriber Special Reports section.
Bank of Ireland (UK) Plc had a BBL drawdown value […]
NatWest Group had a BBL drawdown value of £8,911.92million and […]
Danske Bank had a BBL drawdown value of £279.18m, and […]
BBL Stats: The latest Bounce Back Loan figures released on the 6th of June 2025 show that a total of £10,859,880,000.00 (£10.8billion) has been paid back to lenders via the Government Guarantee and 477,995 BBL’s have either been defaulted or are on the way to default. You can deep dive the current figures itemised by BBL Lender by Clicking Here. As always, just play the game alongside your Lender, who, as you will see by the figures, is also playing the game, and you will be fine defaulting on an unaffordable BBL. Give me a call if you need a chat, over 19,000 people have over the last few years.
Grab yourself a coffee and read on my lovelies, what […]
It does look like the UK Government are prepared to […]
I am often asked how come so many Company Directors are getting hit with long bans for Bounce Back Loan related wrongdoing. […]
Based on his behaviour in relation to the Bounce Back Loan, I find that the former Traffic Commissioner’s characterisation of this applicant still holds true. […]
“Having considered all of these points, it seems to me that this is not an appropriate case in which to make a compensation order.” […]
“The BBL Scheme is now a familiar concept, having been the subject of several judgments within this jurisdiction.” […]
If you ever find yourself being dragged to court for Bounce Back Loan wrongdoing and are faced with being banned as a Director, and/or a Compensation Order or worse, then you may find the above articles of great interest. Each of them relate to real life BBL court cases and you will discover what the Judge overseeing each case had to say about them, and how he or she arrived at their outcome.
The lender’s already sent the first stern letter, but the loan is 100% government-backed, so they’ll claim it from the Treasury, not my empty pockets. […]
The business is leaner now, scrappier, but it’s alive. The Bounce Back Loan was a rope when I needed it, but cutting it loose was what saved me. […]
Every three months, I know Simon or someone like him will call, and I’ll say the same thing: “No, love, I can’t pay” and they’ll be fine with it. […]
Many callers to the BBL Helpline are happy for me to put their Bounce Back Loan default journey out there, and as such I will, with their permission, do just that moving forward. Feel free to read their stories, and for reference I have anonymised each of them. If you want your story to be published let me know when calling.
As nobody in Government showed any real interest in helping people make sense of the Bounce Back Loan scheme, from applying to repaying and even seeking extra help with repayments or defaulting, I set about doing do myself. Feel free to watch some of my video exploits of doing so, including, but not limited to, visiting and interviewing the British Business Bank and a representative of 28 BBL Lenders and NatWest, and also my many TV and Radio appearances. The things I do for you lot!
As the rather large Excel document on which everyone suspected of over-egging their turnover to get a Bounce Back Loan are named and is now circulating in […]
It could be a chapter in Nadine Dorries the (ex-Gov […]
The CPS continues to bring those who have fraudulently exploited the pandemic to justice. […]
As the Covid Corruption Commissioner is working away in the background until his contract expires in December 2025, you will find all relevant updates on how he is progressing, regarding Bounce Back Loans by checking out this section of the website. Above are just a few of those latest updates.
Shabana Mahmood advocates reform in strasbourg speech […]
Shock as landmark reform passed with overwhelming MP support […]
Transport Secretary announces setback for high-speed rail project […]
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.
Barclays were, until just a few weeks ago, the only BBL Lender enforcing BBL Debts. But now, Starling Bank, Lloyds Bank and NatWest 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.
Several dastardly schemes are currently in operation behind the scenes, by several Government Departments to root out BBL fraud and abuse, as you can see above and below. So play by the Arrears and Default rules and you will be fine.
Here is the current version of the Bounce Back Loan Guarantee Portal Manual for Bounce Back Loans […]
Here the current version of the Bounce Back Loan Guarantee Portal Manual for Arrears, Claims and Recoveries. […]
Bounce Back Loan Scheme Term Loan Lender Manual […]
Above you will find the various manuals for BBL Lenders and each one will show you just information is disclosed to the Government regarding BBL arrears and defaults and also what Lenders report when claiming on the BBL Guarantee. That information will also be available to the Covid Corruption Commissioner when he or she takes office and finally decides what to do, if anything, to those who Lenders suspect blagged a Bounce Back Loan from them.
Two men who headed up an international criminal network responsible for laundering £70 million, £10m of which came from fraudulent Bounce Back Loans, have been jailed for a total of 33 years. […]
The Insolvency Service are quite busy these days, dragging those who blagged a Bounce Back Loan before the courts, and […]
As I have mentioned previously, those who bagged a BBL, slapped the money in their hand/man bag then got their Company Dissolved are being hunted […]
Worried that you may be locked up for something you did wrong when applying for a Bounce Back Loan or when spending a BBL? Well, be aware that there will be in increased chance of you being hauled before a Judge after November 2025, and for details of why and more, head on over and read this Subscriber Special news article (click/tap to view) >> An Insight Into Why, When and How You Will Be Prosecuted for Bounce Back Loan Related Wrongdoing
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.
Sometimes I have to pinch myself when researching my daily news articles and investigating BBL skulduggery, often by Lenders and those involved in the design of the scheme, for without fail every week and often every day, something is uncovered relating to the Bounce Back Loan scheme that has me believing I am dreaming it all. Do have a good look around the website, for you too may think you are dreaming with some of the crazy things that have cropped up with that scheme over the years and continue to do so.
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.
France offers digital nomads a blend of lifestyle, culture, and work opportunities that few countries can match. […]
Becoming a digital nomad in Spain offers a lifestyle few can resist, […]
Ireland’s blend of modern connectivity, rich cultural heritage, and natural beauty makes it an ideal location for digital nomads. […]
Many business owners have told me they have either left the UK or want to, and if you are thinking of jacking it all in and moving abroad, there is always the possibility of becoming a Digital Nomad. A Digital Nomad is an individual who leverages technology to perform their job remotely, allowing them to live a lifestyle of travel and mobility. For more information check out some of my country specific guides > https://mrbounceback.com/category/digital-nomads/
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