What Happens If a Sole Trader Goes Bankrupt and Has a Bounce Back Loan BUT Used It for Personal Benefit, Over Egged Their Turnover or Got One When Not Eligible For One – Take a Look at These Recent Cases and the Outcomes of Them
Today I will be looking at some recent cases that I have come to light in which sole traders have chosen to go bankrupt, but have a Bounce Back Loan, and either over-egged their turnover, used it for personal benefit, were not eligible from one, or even gambled it away instead of using it for the benefit of their business, and I will give you an insight into how they were dealt with. […]