The Disqualification Files

Getting a Bounce Back Loan for Each of His Four Companies By Massively Over-Egging Turnover Then Leaving Them Unpaid at Insolvency Sees Company Director Hit with an 11 Year Disqualification

Two Yorkshire Bank, one HSBC Bank and a TSB Bounce Back Loan totalling £200,000 have all turned sour and been left unpaid at liquidation in today’s case, which, due to the reasons outlined, including massively over-estimating turnover, resulted in a Company Director who applied for all four of them for his four businesses and left them unpaid at liquidation getting an 11-year disqualification […]