April 2022 – Page 5 – Mr Bounce Back – Bounce Back Loan News – Updates

Ombudsman Decides That Starling Banks’ Policy of Only Allowing Persons of Significant Control to Apply for No More Than One Bounce Back Loan Even if They Had More Than One Business Eligible Was a Decision Starling Bank Could Make and Did

April 6, 2022

Whilst the rules of the Bounce Back Loan scheme did permit business owners to apply for as many BBLs as they had businesses, if each business was eligible, Starling Bank decided they would not follow those rules. In the case outlined below someone challenged that decision […]

Over-Egging Turnover To Bag a £50k Barclays Bounce Back Loan When Only Eligible for a Much Lower Value BBL and Failing To Explain Where It Went Lands Company Director with an 8 Year Disqualification

April 5, 2022

Having heard one of the bosses at Barclays saying she knows many of her BBL customers over-egged their turnover, but if they make repayments that is not fraud, this Company Director could be kicking himself for not making repayments on his BBL, for taking the Insolvency route has just landed him with an 8-year disqualification. You can find more about that over-egging turnover statement from […]

4 Year Disqualification for Amongst Other Things Wrongdoing Related To a Barclays Bounce Back Loan

April 5, 2022

Barclays do appear to have seen lots of their Bounce Back Loans turning sour, and here is another case related to one of their BBLs, which resulted in a Company Director being hit with a somewhat modest 4-year disqualification. […]

Insolvency Service Lays Down the Law and Slap Two Co-Directors with 11 Year Disqualifications for Wrongdoing Related to a £50k Barclays Bounce Back Loan

April 5, 2022

Turnover discrepancies and not using a £50k Barclays Bounce Back Loan for the economic benefit of their business lands two Company Directors with an eleven-year disqualification. […]

6 Year Disqualification for Company Director Who Used Funds From a £49k Santander Bounce Back Loan as a Directors Loan for Rent and Other Living Expenses Leaving it as an Unpaid Asset at Liquidation

April 4, 2022

Today’s case, the details of which you will find below, has resulted in a 6-year disqualification, and involves a Santander Bounce Back Loan. On 11 May 2020 […]

Co-Directors Receive 10 Year Disqualifications for Applying for a £50k Bounce Back Loan and Not Using it for the Economic Benefit of the Company

April 4, 2022

£50,000 is the value of the Bounce Back Loan that as turned sour in this case, and Co-Directors of the Company involved have been hit with a 4 year and 3 year six month disqualification for the reasons outlined. […]

Its Time Rishi Sunak Agreed to Pay Compensation to Those Wrongly Listed on the BBL Database Due to Schoolboy Errors by Lenders Such as Tide

April 3, 2022

Much has been said recently about the Database that was finally put into place many weeks after the Bounce Back Loan scheme launched, that all BBL lenders had to check for duplicate BBLs. Government Ministers […]

7 Year BRO’s Handed Out to Two Sole Traders Who Were Found to Have Done Some Form of Wrongdoing to Get or When Using a Bounce Back Loan

April 2, 2022

New figures released by HM Treasury show that £1.6billion in Bounce Back Loans guarantees have so far been called upon by lenders, of which 6176 guarantees worth £203million has been paid out to them. They believe though, that 1860 of them worth £73million are for suspected fraudulent ones. As to what they deem fraudulent, well here are two new cases that […]

Tom Scholar Confirms His Arch Enemy Lord Agnew Was Right and a Slew of BBL State Guarantee Claims Will Have Landed at the British Business Bank Two Days Ago

April 2, 2022

Lord Agnew sure did reveal all manner of nonsense surrounding the powers that and the Bounce Back Loan scheme recently, and word has it he hasn’t finished dishing the dirt. […]

HM Treasury Confirms 212 Cases of Serious Bounce Back Loan Fraud Are Currently Being Investigated and May Result in a Visit by the “BBL Door Kicking Police Squad”

April 2, 2022

A total of 212 cases of “serious” Bounce Back Loan fraud that have been identified are currently being looked into by the door kicking police squad (NATIS). […]

Month: April 2022

Ombudsman Decides That Starling Banks’ Policy of Only Allowing Persons of Significant Control to Apply for No More Than One Bounce Back Loan Even if They Had More Than One Business Eligible Was a Decision Starling Bank Could Make and Did

Over-Egging Turnover To Bag a £50k Barclays Bounce Back Loan When Only Eligible for a Much Lower Value BBL and Failing To Explain Where It Went Lands Company Director with an 8 Year Disqualification

4 Year Disqualification for Amongst Other Things Wrongdoing Related To a Barclays Bounce Back Loan

Insolvency Service Lays Down the Law and Slap Two Co-Directors with 11 Year Disqualifications for Wrongdoing Related to a £50k Barclays Bounce Back Loan

6 Year Disqualification for Company Director Who Used Funds From a £49k Santander Bounce Back Loan as a Directors Loan for Rent and Other Living Expenses Leaving it as an Unpaid Asset at Liquidation

Co-Directors Receive 10 Year Disqualifications for Applying for a £50k Bounce Back Loan and Not Using it for the Economic Benefit of the Company

Its Time Rishi Sunak Agreed to Pay Compensation to Those Wrongly Listed on the BBL Database Due to Schoolboy Errors by Lenders Such as Tide

7 Year BRO’s Handed Out to Two Sole Traders Who Were Found to Have Done Some Form of Wrongdoing to Get or When Using a Bounce Back Loan

Tom Scholar Confirms His Arch Enemy Lord Agnew Was Right and a Slew of BBL State Guarantee Claims Will Have Landed at the British Business Bank Two Days Ago

HM Treasury Confirms 212 Cases of Serious Bounce Back Loan Fraud Are Currently Being Investigated and May Result in a Visit by the “BBL Door Kicking Police Squad”

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