The Disqualification Files

By Slightly Over-Egging Their Business Turnover by 7 Times its Value to Secure a £20k Santander Bounce Back Loan, Two Co-Directors Walk off With a 9 and 7 Year Ban

It’s not one of the best ideas, taking the Insolvency route with a Bounce Back Loan still owing when you over-egged the turnover for one of those loans, for Insolvency Practitioners are duty bound to ensure every aspect of the application for a BBL and where it went and what it was spent on was legit, which in the case below it certainly wasn’t. […]

Subscriber Special 2

Had a Recent Letter from Your Bank Requesting Additional Information About Your BBL or Business? If So Read This Strategy Adopted By BEIS For The Recovery of “Irregular” Bounce Back Loan Payments As It May Explain It

Here is the latest from the Department for Business, Energy & Industrial Strategy on how they are tackling recovering fraudulent Bounce Back Loans, or as they prefer to call them “irregular loan payments”. You may find this helpful if you have suddenly received out of the blue a letter from your bank requesting additional information about your Bounce Back Loan, years after you applied for it and got it. […]

close a limited company