Year: 2021

For those of you keeping track of Company Directors that have been found to have pulled some stunts and possibly blagged their way to getting a BBL or have left questions unanswered when it comes to what Bounce Back Loans were used for, I present to you another case that resulted in a 6 year disqualifications at Insolvency. […]

Another day, another 6 year disqualification has been handed out, this time regarding a business owner that failed to deliver or maintain and/or preserve adequate accounting records which meant it wasn’t possible to work out where the funds from that loan went and […]

Knowingly applying for and getting two Bounce Back Loans for the same business is going to see you slapped with a long disqualification if you then wind-up that business, and today’s case involves two Co-Directors, one who applied for two such loans for one single business and the other who knowingly let the other Co-director do so […]

Today’s case will make your blood boil if you tried to get a business grant or a Bounce Back Loan and were unsuccessful in getting either or both. […]

There has just been an avalanche of Sole Trader BBL’S that have turned bad and have just worked their way through the insolvency system, and as such today I present to you a total of eight cases involving nine Bounce Back Loans given to Sole Traders worth some £400,000 that have resulted in some long Bankruptcy Restriction Orders being given out. […]

The title above gives you a basic idea of what todays case revolves around, and once again yet another Company Director is hit with a long disqualification for BBL wrongdoing. Unusually, and for the first time that I have seen, the Department for Business, Energy […]