News Ticker

[ May 23, 2022 ] Santander Tells a Customer They Can Amend an Incorrect Turnover Figure on a BBL Application But Do Not Let Them – The Ombudsman Says The Rules State It Cannot Be Amended Once Agreement Signed But Does Give Customer an Extra £100 in Compensation BBL Complaints and Outcomes
[ May 21, 2022 ] If You Have Had Access to Your Bounce Back Loan Blocked, Then Unblocked Due to a BBL Lender Messing You About Be Aware That the Ombudsman Is Making Compensation Decisions Based On Loss of the Interest Free Period BBL Compensation
[ May 21, 2022 ] Metro Bank Approved a Customers BBL, Pay It Out But Block All Access to Those Funds Then Almost Five Months Later Do Not Honour the Agreement – Customer Asks For £21k In Compensation the Ombudsman Says £500 Is Fair BBL Complaints and Outcomes
[ May 20, 2022 ] Using the Proceeds of a £30k Starling Bank Bounce Back Loan to Make Payments to Benefit Himself to the Detriment of His Company’s Creditors Sees a Company Director Slapped with a 4 Year Disqualification The Disqualification Files
[ May 19, 2022 ] Barclays Approved a BBL for a Company and Pay It Out, Then Lock the Account for a Review Lifting the Block Weeks Later, But then Decide to Snatch Back Every Penny from That Account Weeks Later and Recall The BBL – Ombudsman Says That is Fair BBL Complaints and Outcomes
[ May 18, 2022 ] Insight Into the Mysterious World of Low, Mid and Top Tier Bounce Back Loan Fraud and Why Certain Aspects are Being Overlooked as Possible Applicant Error Todays News
[ May 18, 2022 ] Next Fireside Chat Confirmed – I Will Be Visiting the British Business Bank Todays News
[ May 18, 2022 ] Insolvency Service Use the “New Rule” To Hit Company Director With an 8 Year Ban For Over-Estimating His Turnover By Over 25% of the Permitted 25% Permitted by the BBL Scheme The Disqualification Files
[ May 17, 2022 ] Barclays Declined a Customer a Bounce Back Loan As He Was Unable to Prove His Business Was Trading Before March the 1st 2020 – The Financial Ombudsman Service Agree With the Bank and Don’t Uphold His Complaint BBL Complaints and Outcomes
[ May 16, 2022 ] The Insolvency Service Officially State When Slapping Someone with an 8 Year Disqualification the Bizarre New Rule Imposed By BEIS (Led By the Shifty Kwasi Kwarteng) That Over-Estimating Your Turnover By Over 25% Of the Permitted 25% Turnover Figure Will Lead to a Slapping if You Take Insolvency Route with a BBL Owing Even If you Were Allowed to Estimate Your Turnover! Premium Content
[ May 15, 2022 ] Royal Bank Of Scotland Snatch Back a Customers Entire £50k Bounce Back Loan and Won’t Say Why the Ombudsman Says That Is Their Right and There is Nothing They Can Do BBL Complaints and Outcomes
[ May 14, 2022 ] Failing to Maintain or Preserve Adequate Accounting Records and Not Giving Any To The Liquidator Lands Company Director Who Took Out But Didn’t Repay a £50k BBL With a 6 Year Disqualification Premium Content
[ May 13, 2022 ] After Working Out That a Company Director Had Over-Egged His Business Turnover and As He Wouldn’t Explain Where the Funds Went from a £35k Barclays BBL the Insolvency Service Slap Him With an 11 Year Disqualification Premium Content
[ May 12, 2022 ] HSBC Decline a Customer’s Account Application After a Long Deal Meaning They Couldn’t Access the Bounce Back Loan Scheme the Ombudsman Says The Bank Had the Right to Decline Whoever They Wanted BBL Complaints and Outcomes
[ May 11, 2022 ] What’s Going On at Back British Business? How is the Bounce Back Loan Legal Challenge Going? Why Is Their Webform Broken Back British Business

May 23, 2022

10 Days of Hell with HSBC

June 8, 2020 Twitter Vault

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Thank you so much for all your advice and help! HSBC have finally paid out after 10 days of hell. Your feed has kept me sane throughout. Oh and please pass my thanks to your psychic goldfish

HSBC

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