2022 - Page 37 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

11 Year Disqualification for Getting a £40k HSBC Bounce Back Loan When Not Eligible and Not Using it For the Benefit of the Business

September 22, 2022

Here are the sordid details of yet another HSBC Bounce Back Loan that a Company Director who is now starting an 11 year disqualification got, that his business was not eligible for and to rub salt into tax-payers wounds (who will have to repay it), he did not use that loan for the benefit of his business. […]

Three More Bounce Back Loans Have Arrived at the BBL Knackers Yard with Three Company Directors Hit with a 9 Year, 3 Year 6 Month and an 11 Year Disqualification for Their Wrongdoing

September 21, 2022

Two NatWest and one Lloyds Bank Bounce Back Loan are no longer going to be repaid by the businesses listed below, due to the actions of the following Company Directors, all of whom have been hit with disqualifications. […]

Just a 7 Year Disqualification for a Company Director Who Couldn’t or Wouldn’t Prove a £40k Barclays Bounce Back Loan His Company Applied for was Spent on the Business and Whether it Was Eligible for that BBL

September 20, 2022

The increase in Company Directors choosing to fail to maintain, and/or preserve or alternatively not deliver to the Liquidator their accounting records when taking the insolvency route with a Bounce Back Loan is interesting, for here is yet another case of a Director who got a noticeably lower disqualification than he would have got if such records were available and proved BBL wrongdoing. […]

Insolvency Service Whacks Another Company Director with a 10 Year Ban for Over-Estimating His Estimated Turnover When Applying for a £50k Barclays Bounce Back Loan

September 20, 2022

A Barclays £50k Bounce Back Loan is what this case revolves around and is another prime example of why those who over-estimated even their permitted estimated turnover to get one of those loans have a lot to worry about if they take the insolvency route and leave that loan unpaid. […]

TSB Customer Misses Out on a Bounce Back Loan Top-Up Due to Various Reasons Including That Bank Listing an Unmonitored Email Address on Their Website, The Ombudsman Says £75 Compensation is Adequate

September 19, 2022

Whilst TSB are being very, very fair with people who call them up and tell them they cannot repay their Bounce Back Loan with the bank explaining to them how they will claim on the guarantee and not hound them, here is a complaint about them the Ombudsman has just ruled on. […]