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. […]

Another day, another Bounce Back Loan turns sour and here is the tale of a now left unpaid £50k  BBL which has resulted in two Company Director getting matching 6 year disqualifications. […]

One of the longer disqualifications for Bounce Back Loan abuse was handed out in this case, and Barclays will no doubt have put the guarantee claim in by now and the Company Director is starting his 11 year ban. […]

The chances of those who over-egged their turnover to get a Bounce Back Loan then took the insolvency route getting away with that wrongdoing are slim, as this case proves, which is one of a never-ending stream of similar cases that resulted in a long disqualification. […]

This case revolves around a £50k Barclays issued Bounce Back Loan, and saw the Company Director named being given a 6 year ban for the BBL related wrongdoing listed. […]

Not seen a huge number of TSB Bounce Back Loan turning as sour but they didn’t issue that many anyway. As you will see from the case below, the Company Director did blag his BBL and is now starting an 11 year ban. […]