2022 - Page 46 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

Admitting He Used Most of His Company’s Yorkshire Bank £28k Bounce Back Loan for Personal Benefit Sees Company Director Given a 5 Year Disqualification

August 31, 2022

There are plenty of Company Directors that are currently waiting to hear their fate, when it comes to wrongdoing associated with a Bounce Back Loan, the one named in this case is starting a 5-year disqualification for using most of his company’s BBL for personal benefit. […]

Make Sure You Get Your Mojo Back in September, Even If That Means Telling Your Bounce Back Loan Lender You Cannot Repay the Wretched Thing

August 30, 2022

Most people, and especially business owners, have stress levels right […]

Using Most of His Company’s Bounce Back Loan for Personal Benefit Lands a Company Director with a 6 Year Disqualification

August 30, 2022

It won’t be long now until the big banks start putting in the guarantee claims for their Bounce Back Loans that have turned sour, and when that day arrives many eyebrows will be raised. They have not yet done so, probably to save them having to take […]

Company Director Submitted Dormant Accounts After Getting a £50k Lloyds Bank Bounce Back Loan and Gets a 9 Year Disqualification for Leaving It Unpaid at Liquidation

August 29, 2022

One of the small number of rules associated with the Bounce Back Loan scheme was that a business must have been trading on the 1st of March 2020. Taking the insolvency route after getting a BBL and submitting dormant accounts for that period is of course a big red flag for […]

Update on How Each Bounce Back Loan Lender Is Handling Those Who Cannot Repay Their BBL’s

August 28, 2022

Below is an overview of what you can expect if you let any of the Bounce Back Loan lenders (or their designated debt collectors) know that you cannot repay your BBL. This information is based on the feedback of hundreds of BBL recipients who have contacted those lenders. […]