November 2022 – Page 5 – Mr Bounce Back – Bounce Back Loan News – Updates

Ombudsman Decides Not to Uphold a Complaint About the Frequency at Which Barclays Sent Text Messages and Letters About Missed Payments on a Bounce Back Loan

November 13, 2022

Whilst many lenders make the minimum amount of effort to let people know they have missed their Bounce Back Loan repayments, the complaint in the case below, which Paul Copper the Ombudsman has not upheld, does indicate Barclays are somewhat over zealous in sending out text messages and letters when someone does go into arrears. […]

9 Year Bankruptcy Restriction Order for Blagging a BBL Top Up When Not Eligible and Paying Off a Loan to a Friend with the Money

November 12, 2022

We head over to Bristol today and take a look at why the following individual has just been slapped with a 9 year Bankruptcy Restrictions Order, which as you may have guess is related to a Bounce Back Loan. […]

BBL Lender Uses “SWAT Team” / “Bounty Hunters” to Go Tracking Down Ne’er Do Wells Who Scammed Them Out of Bounce Back Loans for a Share of Any Recoveries – Early Results Reported as Being “Impressive”

November 11, 2022

Not sure how to describe the group that one major BBL Lender has teamed up with to recover dodgy Bounce Back Loans, I am stuck between “Swat Team” or “Bounty Hunters”, but either way they have been getting some impressive results very recently […]

Yet Another Much Shorter 6 Year Ban for Not Supplying the Liquidator with Accounting Records to Explain Where an Unpaid at Liquidation £50k HSBC Bounce Back Loan Went

November 11, 2022

Here we have another case which bizarrely shows how not giving the Liquidator the required records to explain where a Bounce Back Loan went, often ends up with a much shorter length of ban than actually supplying those records if they do prove wrongdoing. […]

By Not Supplying the Liquidator With Accounting Records for a Company that Left a £50k NatWest BBL Unpaid a Director Gets a 6 Year Disqualification Which Would Have Been Longer If Those Records Had Been Supplied and Bounce Back Loan and Other Wrongdoing had Been Uncovered

November 11, 2022

Here we have another case of a Director getting a much shorter ban for not maintaining or preserve or alternatively failing to deliver adequate accounting records than they would have got if they have done so and those records had uncovered any type of wrongdoing. Ultimately a £50k NatWest Bounce Back Loan was involved in this case which was left unpaid. […]

Director Slapped with a 10 Year Ban for Over-Egging His Company’s Turnover and Not Using a £40k Bounce Back Loan for the Benefit of His Business

November 11, 2022

Here are the details of another Bounce Back Loan that ended up turning bad which has resulted in another Company Director being given a 10 year disqualification. […]

Having Blagged a Lloyds Bank £50k Bounce Back Loan When His Business Had Never Traded a Company Director is Now Starting an 11 Year Ban

November 10, 2022

Having managed to blag a £30k Bounce Back Loan for his business that had never traded, the Company Director named in this case then went on to blag a £20k top up on that BBL, leaving it unpaid at liquidation, to which he has just been given an 11 year disqualification. […]

Having Not Provided Any Evidence to Prove He Hadn’t Over-Egged His Business Turnover and Not Providing Evidence He Spent a £50K NatWest Bounce Back Loan on His Business a Company Director is Slapped with an 11 Year Disqualification

November 10, 2022

As you will see in today’s case of Bounce Back Loan wrongdoing, the Company Director named did leave a lot of questions unanswered as to where a BBL went, and how he arrived at his estimated turnover when initially applying for that loan. […]

Having Already Blagged One Bounce Back Loan and Been Given a 5 Year BRO It Turns Out This BBL Abuser Blagged a Second and Third BBL and Has Now Been Handed a 10 Year Disqualification

November 9, 2022

It was back in April that I reported on the individual named below who at the time had been found to have blagged his turnover to get a Bounce Back Loan and was given a 5 year BRO, however here we are many months later and it turns out he has done it again. […]

7 Year Disqualification for Using £40k of His Company’s £50k Bounce Back Loan for Personal Benefit and Breaching the Companies Act of 2006

November 9, 2022

Having not only breached the Companies Act of 2006 the Company Director named in this case also used most of his Company’s Bounce Back Loan for personal benefit but was only given a modest 7 year ban. […]

Month: November 2022

Ombudsman Decides Not to Uphold a Complaint About the Frequency at Which Barclays Sent Text Messages and Letters About Missed Payments on a Bounce Back Loan

9 Year Bankruptcy Restriction Order for Blagging a BBL Top Up When Not Eligible and Paying Off a Loan to a Friend with the Money

BBL Lender Uses “SWAT Team” / “Bounty Hunters” to Go Tracking Down Ne’er Do Wells Who Scammed Them Out of Bounce Back Loans for a Share of Any Recoveries – Early Results Reported as Being “Impressive”

Yet Another Much Shorter 6 Year Ban for Not Supplying the Liquidator with Accounting Records to Explain Where an Unpaid at Liquidation £50k HSBC Bounce Back Loan Went

By Not Supplying the Liquidator With Accounting Records for a Company that Left a £50k NatWest BBL Unpaid a Director Gets a 6 Year Disqualification Which Would Have Been Longer If Those Records Had Been Supplied and Bounce Back Loan and Other Wrongdoing had Been Uncovered

Director Slapped with a 10 Year Ban for Over-Egging His Company’s Turnover and Not Using a £40k Bounce Back Loan for the Benefit of His Business

Having Blagged a Lloyds Bank £50k Bounce Back Loan When His Business Had Never Traded a Company Director is Now Starting an 11 Year Ban

Having Not Provided Any Evidence to Prove He Hadn’t Over-Egged His Business Turnover and Not Providing Evidence He Spent a £50K NatWest Bounce Back Loan on His Business a Company Director is Slapped with an 11 Year Disqualification

Having Already Blagged One Bounce Back Loan and Been Given a 5 Year BRO It Turns Out This BBL Abuser Blagged a Second and Third BBL and Has Now Been Handed a 10 Year Disqualification

7 Year Disqualification for Using £40k of His Company’s £50k Bounce Back Loan for Personal Benefit and Breaching the Companies Act of 2006

As We Move Into Year 5 of the BBL Scheme Here are the Simple, Logical and Much More Importantly, the Legal Reasons Why Most Bounce Back Loan Debts Are Never Going To Be Enforced – So If You Are in Default, Concentrate on Bouncing Back But Without The BBL Around Your Neck

Subscriber Special – Step By Step Guide to Getting the Maximum Bounce Back Loan Defaulter Discount – You Could, Like 10,000s of Others, Pay Just Pennies in the Pound and Have the Rest Written Off Legally and Legitimately By the Lender with No Further Action