April 2022 – Page 4 – Mr Bounce Back – Bounce Back Loan News – Updates

Applying for and Getting a Royal Bank of Scotland Bounce Back Loan For a Company Incorporated on March 6th 2020 and Massively Over-Egging Turnover Lands Company Director with 6 Year Disqualification

April 12, 2022

Obvious breaches of the rules of the Bounce Back Loan scheme has seen another Company Director hit with a 6 year disqualification. […]

9 Year Disqualification Handed Down to Company Director for Over-Egging Turning and Using a NatWest Bounce Back Loan for Personal Benefit

April 12, 2022

Using a NatWest Bounce Back Loan for personal benefit and over-egging the turnover when applying for it in the first place lands Company Director with a 9 year disqualification. […]

10 and 12-Year Disqualifications for Co-Directors Who Over-Egged Turnover to Bag a Barclays Bank Bounce Back Loan

April 12, 2022

Two rather severe disqualifications of 10 and 12 years have just been given out to the two Company Directors in the following case for over-egging their turnover to secure a Barclays Bounce Back Loan and using it in the way described. […]

Lloyds Bank Bounce Back Loan Goes Bad as Co Directors Hit With 6 Year Disqualifications for Failing to Use it for the Economic Benefit of the Business

April 12, 2022

Two 6-Year Disqualifications handed out to Company Directors regarding a Lloyds Bank BBL which was not used for the economic benefit of their business. […]

Business Owner Says a BBL Application Approved and Paid Out by HSBC Was Not Made by Him and Riddled with Inaccuracies – Ombudsman Say Tough, Be Grateful You Got that £3k BBL You Say You Didn’t Apply For But Withdrew and Not the £50k BBL You Needed

April 11, 2022

The bizarre and ill-thought-out design of the Bounce Back Loan scheme is laid bare in this case which went before Ben the Ombudsman, and he has decided that all things considered he is not going to uphold the complaint. […]

Six More Bounce Back Loans Go Bad Including Three to One Person Who Wasn’t Even Entitled to Them – Total Lost On Them All Is £259,000

April 11, 2022

Four more people have been slapped by the Insolvency Service for wrongdoing with a Bounce Back Loan, as you will discover in the cases outlined below, including one person who got a 10 year BRO for bagging three BBLs worth £130,000 went not entitled to them. […]

Three More Insolvency Service Slapping’s Handed Out to Sole Traders for Various Wrongdoing Associated with Bounce Back Loans Totalling Some £125,250

April 9, 2022

Over-egging turnover, gambling away a Bounce Back Loan and using a Bounce Back Loan for personal benefit are some of the reasons the following people have just been slapped by the Insolvency Service. […]

Fireside Chat All Filmed Now Being Produced – *Update – I should have the final edit this coming Monday (25th April 2022), for those wondering!

April 8, 2022

**Update – I should have the final edit this coming Monday (25th April 2022), for those wondering! Easter break delayed things. I spent Friday in London, filming another of my fireside chats as I […]

Sticking Two Fingers up to the Insolvency Service and Refusing to Cooperate and Explain Amongst Other Things Where His £50k BBL Went Lands Company Director with a 9 Year Disqualification

April 7, 2022

Another day passes and another Bounce Back Loan turns sour, this case ultimately saw the Company Director that took out a £50k BBL being slapped with a 9 year disqualification. For details of over 400 […]

Santander, As They Said They Do, Go Snooping Into a BBL Customers Account, Demand Proof of Turnover and How the BBL Was Spent, Don’t Like What They Are Told, and Snatch Back a BBL – Ombudsman Says That is Fine and Dandy

April 7, 2022

Having approved a customer for a Bounce Back Loan on the second day of the scheme going live, and having let them draw it down, and then allowing them to top it up 7 months later, one would imagine Santander were happy with the BBL customer you will learn about in today’s complaint. That was not the case, for after one of their now infamous “reviews” that customer had his BBL snatched back based on […]

Month: April 2022

Applying for and Getting a Royal Bank of Scotland Bounce Back Loan For a Company Incorporated on March 6th 2020 and Massively Over-Egging Turnover Lands Company Director with 6 Year Disqualification

9 Year Disqualification Handed Down to Company Director for Over-Egging Turning and Using a NatWest Bounce Back Loan for Personal Benefit

10 and 12-Year Disqualifications for Co-Directors Who Over-Egged Turnover to Bag a Barclays Bank Bounce Back Loan

Lloyds Bank Bounce Back Loan Goes Bad as Co Directors Hit With 6 Year Disqualifications for Failing to Use it for the Economic Benefit of the Business

Business Owner Says a BBL Application Approved and Paid Out by HSBC Was Not Made by Him and Riddled with Inaccuracies – Ombudsman Say Tough, Be Grateful You Got that £3k BBL You Say You Didn’t Apply For But Withdrew and Not the £50k BBL You Needed

Six More Bounce Back Loans Go Bad Including Three to One Person Who Wasn’t Even Entitled to Them – Total Lost On Them All Is £259,000

Three More Insolvency Service Slapping’s Handed Out to Sole Traders for Various Wrongdoing Associated with Bounce Back Loans Totalling Some £125,250

Fireside Chat All Filmed Now Being Produced – *Update – I should have the final edit this coming Monday (25th April 2022), for those wondering!

Sticking Two Fingers up to the Insolvency Service and Refusing to Cooperate and Explain Amongst Other Things Where His £50k BBL Went Lands Company Director with a 9 Year Disqualification

Santander, As They Said They Do, Go Snooping Into a BBL Customers Account, Demand Proof of Turnover and How the BBL Was Spent, Don’t Like What They Are Told, and Snatch Back a BBL – Ombudsman Says That is Fine and Dandy

As We Move Into Year 5 of the BBL Scheme Here are the Simple, Logical and Much More Importantly, the Legal Reasons Why Most Bounce Back Loan Debts Are Never Going To Be Enforced – So If You Are in Default, Concentrate on Bouncing Back But Without The BBL Around Your Neck

Subscriber Special – Step By Step Guide to Getting the Maximum Bounce Back Loan Defaulter Discount – You Could, Like 10,000s of Others, Pay Just Pennies in the Pound and Have the Rest Written Off Legally and Legitimately By the Lender with No Further Action