September 2021 - Page 2 of 7 - Mr Bounce Back - Bounce Back Loan News - Updates

Having Received an Unreserved Apology from HM Treasury, I Have Submitted My Claim for Compensation Due to Their Maladministration of the Bounce Back Loan Scheme Here is An Overview of that Claim

September 25, 2021

Having been warned of the sheer lunacy of launching the Bounce Back Loan scheme without protecting those applying from bad bank practices and other aspects of the scheme, and with 128 Members of the House of Lords voting to give borrowers the protections they deserve and 244 voting against, today I will give you an insight into my claim for compensation. […]

Office of the Parliamentary Commissioner for Standards Bat Off My Misconduct Complaint About Rishi Sunak, Alok Sharma and Sam Beckett and Advise Only Boris Johnson Can Deal With It So It’s Now Been Delivered to Him

September 25, 2021

An update on my complaint regarding misconduct of Alok Sharma and Rishi Sunak. I sent it to the Office of the Parliamentary Commissioner for Standards who have stated the following […]

11 Year Disqualification for Company Director Who Obtained Two Bounce Back Loans for His One Single Company Didn’t Schedule the Second Loan as a Liability in the Signed Statement of Affairs at Liquidation and Used Funds For Personal Benefit

September 24, 2021

One of the largest disqualifications has just been handed down for a Company Director that applied for and secured two Bounce Back Loans for his one single company, worth a combined […]

Financial Ombudsman Feels £150 is Fair Compensation for a Barclays Customer Who Experienced a Saga When Applying for a Business Account and Bounce Back Loan

September 24, 2021

When you take a complaint to the Financial Ombudsman it will be a case handler that will initially determine the outcome of that complaint, but you can send it for a review if you are not happy with the outcome, and then an Ombudsman will investigate. That is what today’s story […]

Insolvency Service Hits Company Director With a 6 Year Disqualification for Being Both Insolvent When Applying for a £15k BBL and Using £14,980 for Personal Benefit and Not the Benefit of the Business

September 23, 2021

The number of businesses defaulting on their Bounce Back Loans is increasing rapidly, but let’s face it they are going to continue to do so, unless Rishi listens to those offering alternative solutions, and brings out a few more options for those experiencing financial problems. Today I will give you an overview of the reasons why the Insolvency Service has just hit one Director with a 6 year disqualification, and much like all previous cases in my “Disqualification Files it involves a BBL. […]