October 2022 - Page 8 of 13 - Mr Bounce Back - Bounce Back Loan News - Updates

Lies Told By Barclays Staff Member Contributed To a Customer Not Getting a Bounce Back Loan – Ombudsman Decides a Pathetic £100 is Fair Compensation

October 14, 2022

The Ombudsman has decided that the shockingly poor service the customer in the case below experienced from Barclays warrants just £100 compensation, even though the customer missed out on any chance of getting a Bounce Back Loan. […]

Claiming His Company’s Turnover was £210k When It Was £0 to Get a £50k Bounce Back Loan Then Spending That Loan on Himself and Leaving it Owing at Liquidated Sees Director Slapped with an 8 Year Ban

October 14, 2022

An 8 year ban was rather lenient when you consider all the wrongdoing listed below which resulted in a £50k HSBC Bounce Back Loan turning sour. […]

With No Accounting Records the Liquidator Was Unable to Determine if a Company Was Eligible for a Bounce Back Loan and What It Was Spent on Before it was Wound Up, So Director Receives a 9 Year Ban

October 14, 2022

The mystery of whether the Company named below was eligible for the £50k Bounce Back Loan it received and also where the money went will never be known, due to the reasons outlined below, which result in the Director of that firm being banned for 9 years. […]

Sole Trader States That His Santander Bounce Back Loan Was for His Ltd Company Which Has Been Dissolved and Complains the Bank is Chasing Him for the Debt – The Ombudsman Isn’t Having Any of It

October 13, 2022

As interesting case for you to read through here, but all will become clear when you look at the details and facts that the Ombudsman uncovered. […]

Getting a £15k Bounce Back Loan When Not Eligible and Then Getting His Company Struck Off to Get Out of Repaying That Loan Lands Director with an 11 Year Disqualification

October 13, 2022

Not the highest valued Bounce Back Loan by any stretch of the imagination, but as you will see, the £15k the Company Director blagged in today’s case never did get paid back and as such the taxpayer is left to pay it back to the bank, whilst he is disqualified for 11 years. […]