Todays News
Is the Idea Put Forward by One MP Regarding Turning the Bounce Back Loan Scheme into a Student Loan Type of Scheme a Good One? Give Me a Call and Let us Discuss It
OK everyone, let us face a few facts, many of […]
Month: July 2021
Todays News
Sadly SEISS 5 Claim Dates Look Later Than Last Time – Rishi Pulls a Nasty Trick Before Swanning Off on His Holidays – Check Your Claim Date
I have received multiple reports overnight that those who think […]
The Disqualification Files
Businessman Applies for and Secures a Bounce Back Loan Worth a Tasty £30,000 But for a Company Not Trading, Then Liquidates Company and is Disqualified for 6 Years
I am now awash with the names and details of Company Directors that have been disqualified by the Insolvency Service for wrongdoing and each of them have a Bounce Back Loan related backstory. This one is regarding a businessman who bagged a BBL worth £30k at a time the Company had ceased trading and then liquidated the company with the BBL still being owed to the bank. […]
The Disqualification Files
Six Year Disqualification for Company Director That Used Just £617 of a £20,000 Bounce Back Loan on Business Expenditure and Paid Himself/Associates the Remainder
One day we will know the true scale and the cost of the Bounce Back Loan scheme regarding those who ripped it off, but until that day arrives here is another person that used their loan for personal benefit and not for the good of their business and has now been disqualified for 6 years. […]
The Disqualification Files
Another Person Disqualified for 6 Years This Time for Using Half of a £39,000 Bounce Back Loan for Personal Benefit Which He Applied for Three Days After Instructing Liquidators to Liquidate His Company
Whilst many of you have applied for your Bounce Back Loans perfectly legally and legitimately, plenty of business owners have not, and here is another example of someone that has just been disqualified for 6 years for applying for and securing a BBL days after instructing liquidators to wind up his business and using half of the loan for personal benefit and not the benefit of the business. […]