The Disqualification Files

Director Given an 11 Year Disqualification for Getting a £50k Barclays Bounce Back Loan and Leaving it Unpaid at Liquidation By Claiming His Business Turnover Was £600,000 When It Was In Fact £0

A Barclays Bounce Back Loan is what this case revolves around, which as you will see, the Director involved got by claiming his business turnover was £600,000 when it was in fact zero. The upshot of the wrongdoing listed is he is now starting an 11 year ban. […]

The Disqualification Files

Director Given a 9 Year Disqualification for Getting a £50k Barclays Bounce Back Loan and Leaving it Unpaid at Liquidation By Claiming His Business Turnover Was £200,000 When It Was In Fact £26,200

It is the Insolvency Practitioner who will forensically look into the accounts of a Company when it is taking the Insolvency route and will be required to alert the Insolvency Service if any wrongdoing is uncovered. The Director named below is now starting a 9 year ban for the wrongdoing outlined below. […]

BBL Complaints and Outcomes

Ombudsman Order NatWest to “Un-Default” a Bounce Back Loan and Reinstate the Repayment Terms the Recipient Initially Signed Up For and Remove Any Negative Credit File Markers and Bung Them £350 Compensation

It is the turn of NatWest, who to be fair to them have been handling those unable to repay their Bounce Back Loans with compassion, to feel the wrath of the Ombudsman. This case is one which revolves a BBL they apparently approved due to errors and have now had to reinstate. […]