Month: September 2022

There is certainly a pattern forming with some Company Directors who have taken the Insolvency route with a Bounce Back Loan left unpaid, of not delivering the accounting records of their Company to the Liquidator. That then leaves the powers that be often unable to determine whether a BBL was legitimately applied for and them also being unable to verify where the money went. When taking that stance, the ban they then ultimately are hit with is often lower in length than if they […]

The Company Director named in this case does appear to have got off light for his Bounce Back Loan wrongdoing, for I have seen lots of others who also used their BBL for personal benefit get much longer disqualifications when taking the Insolvency route. […]

Blagging a £50k Barclays Bounce Back Loan by over-egging her business turnover, then going on a wild spending spree with that money was never a good idea, as the Company Director named below has discovered, and she is now starting a 10 year disqualification as punishment. […]

Getting two £50k Bounce Back Loans for his one single company when only eligible for one £21k BBL and having not supplied sufficient or adequate accounting records to the Liquidator to show where those BBL’s went, results in the Company Director named below being given a 12 year ban. […]