2022 - Page 113 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

Failing to Use a £50k NatWest Bounce Back Loan for the Economic Benefit of His Company Sees Company Director Hit with a 7 Year Disqualification at Insolvency

March 1, 2022

The total number of BBLs that have turned sour is increasing daily, in fact recent figures show that some 500 BBLs per day are going into arrears. Today’s case is another one involving a NatWest BBL and a Company Director who ended up with a 7-year disqualification for wrongdoing with his loan. […]

Lord Callanan Confirms the British Business Bank Are Paying Out Albeit Somewhat Slowly Bounce Back Loan Guarantees Including Around 20% of Suspected Fraudulent Ones

March 1, 2022

Having dragged his heels at releasing a simple set of figures, Lord Callanan yesterday decided to step forward and answer the question put to him on the 9th of February. […]

7 Year Disqualification Handed Down to a Company Director Who Got a NatWest Bounce Back Loan But Failed to Deliver to the Liquidator a Whole Host of Required Information When Winding Up His Company

February 28, 2022

A £37,000 NatWest Bounce Back Loan has turned sour in the case that I will be covering below, in which you will see the Liquidator has been left with their hands tied regarding several aspects of a company’s activities. […]

Company Director Who Fraudulently Applied for a £40k Barclays Bounce Back Loan Gets Slapped with a 10 Year Disqualification

February 28, 2022

Securing a £40,000 BBL when only entitled to get a Bounce Back Loan worth a maximum of £3,060 sees a Company Director hit with a huge 10 year disqualification. Here is an overview of that case. […]

Co-Directors Given 6 Year Disqualification For Using a £40k Santander Bounce Back Loan to Repay Personally Guaranteed Loans to the Benefit of the Directors

February 28, 2022

Another case here regarding wrongdoing associated with a Bounce Back Loan, that resulted in Co-Directors both being handed a 6 Year Disqualification. […]