August 2022 - Page 15 of 17 - Mr Bounce Back - Bounce Back Loan News - Updates

4 Year Disqualification for Director for Making Payments Whilst Insolvent to the Detriment of His Company’s Creditors One of Which Was HSBC for a £50k BBL

August 3, 2022

The number disqualifications continue to increase as does the number of Bounce Back Loans that have not been paid back, and here is a case revolving around an HSBC BBL which saw a Company Director slapped with a 4-year ban. […]

Another Case Resulting in a 6 Year Ban Involving a Bounce Back Loan in which the Insolvency Service Cannot Determine Whether the Company Was Eligible for that Loan and Whether it Was Used for the Benefit of the Business

August 3, 2022

This is another case resulting in a 6-year Director disqualification in which no firm facts can be established due to a Company Director not maintaining and/or preserving, and not delivering adequate accounting records. […]

NatWest £50,000 Bounce Back Loan Turns Sour with a 10 Year Disqualification Handed Out to Company Director Who Over-Egged Turnover to Get That Now Unpaid at Liquidation BBL

August 3, 2022

The slapping given out for Bounce Back Loan wrongdoing continue apace, and here is the case of a NatWest BBL that will be heading for the guarantee and a 10-year disqualification handed out. […]

Co-Directors Given 9 Year Disqualifications for Bounce Back Loan Abuse Including Over-Egging Turnover, Not Being Eligible for a BBL in the First Place and Misuse of the BBL Funds

August 3, 2022

A whole host of wrongdoing was uncovered in this case, which has seen two Co-Directors slapped with 9-year bans, and a £17,500 Bounce Back Loan heading for the guarantee claim. […]

Bounce Back Loan Abusers Caught on Camera

August 2, 2022

Angus Crawford from the BBC has been out and about […]