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