The Disqualification Files

What’s The Current “Going Rate” For Taking The Personal Bankruptcy Route with a Bounce Back Loan Owing? Here Are Four More Individuals Who Did That and Have Just Been Hit with Bankruptcy Restrictions Orders After Abusing the BBL Scheme

These four not so bright sparks abused the Bounce Back Loan Scheme in the manner described, and whilst bagging a total of £170,894 collectively in BBL’s, after taking the bankruptcy route to try and get off paying them back, they have been hit with the respective Bankruptcy Restrictions Order. […]

Todays News

Some Bounce Back Loan Lenders Need Thanking for the Speed at Which They are Claiming on the Guarantee to Save Their Customers from Undue Ongoing Pressure When Unable to Repay Those Loans

What a wonderful world we live in, with the figures released yesterday from the British Business Bank detailing the guarantee claims put in and received by BBL lenders, which mirror those I revealed months ago, they prove beyond any doubt some of those lenders are following the rules on fairness, and a word of thanks needs passing onto them. My phone didn’t stop ringing all day yesterday, and it won’t stop today and moving forward, with people asking what the odds are on their lender fast tracking the guarantee claim […]

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The Disqualification Files

Applying for a Bounce Back Loan Top Up From NatWest Weeks After His Business Ceased Trading and was Insolvent and Using Those Funds for Personal Benefit Lands Company Director with a 4 Year Disqualification

Bagging a Bounce Back Loan Top Up when his Company was insolvent and no longer trading and then using it for personal benefit was not the smartest move, as the Director in today’s case has just found out, as he starts his 4-year disqualification. […]

Subscriber Special 3

The Letter You Can Expect If you Miss Your Bounce Back Loan Repayments With Conister Bank Just Before They Demand The Entire BBL Back and Put You Into Default

Here is the standard letter that Conister Bank will send out to everyone who misses their Bounce Back Loan repayments, be aware that three missed repayments are usually deemed to be the trigger for a demand for full repayment and a default letter. Read more on your options and how enforcement of the BBL debt is not usually forthcoming […]

The Disqualification Files

Leaving His Company With No Assets at Liquidation Having Been Found to Have Used a TSB Bounce Back Loan for Personal Benefit Sees a Company Director Get a 6 Year Disqualification

I just know there are lots of Company Directors across the land who thought it was a clever idea to get a BBL, then take the insolvency route in the hope they could just get it written off having spent the money on themselves and not the business who are now regretting it. […]