2022 - Page 49 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

Over-Egging Turnover to Get a BBL and Unexplained Payments to Jet2 Holidays, HW Watches and Louboutin and Leaving Over £47k of that Loan Owing at Liquidation Leads to a 10 Year Disqualification

August 23, 2022

Another day and another long disqualification handed out, this time for the wrongdoing associated with a RBS Bounce Back Loan, and as you will see from this case, questions were left unanswered as to all manner of payments made with funds from that BBL. […]

Living a Life of Luxury for a Short Space of Time Using a £40k Barclays Bank Bounce Back Loan Lands Company Director with a 9 Year Disqualification

August 23, 2022

A nine-year disqualification has just been given to the Company Director named in this case who over-egged his turnover to get a Barclays Bounce Back Loan, and much like many other people, used that loan for personal benefit, and of course left it unpaid at liquidation of his business. […]

With No Accounts Supplied by a Company Director to Explain Whether His Business Was Eligible for a £50k Starling Bank Bounce Back Loan and Where Those Funds Went, He is Given an 8 Year Disqualification at Liquidation

August 23, 2022

Plenty of question were left unanswered by the Company Director in today’s case, but he is now starting an 8-year disqualification for the reasons outlined below. […]

HSBC £35.5k Bounce Back Loan Used for the Personal Benefit of a Company Director Resulting in Him Getting a 5 Year Disqualification

August 23, 2022

Surely it must have dawned on some of the never-ending stream of Company Directors that used Bounce Back Loans for personal benefit and left them owing at the liquidation of their businesses, that questions would be asked. Here is another case which saw one such Director being given a lenient looking 5-year disqualification for the BBL related wrongdoing highlighted. […]

Using a Santander Bounce Back Loan to Boost Her Pension Pot and Leaving the BBL Owing at Liquidation of Her Company, Results in a 5 Year Disqualification

August 22, 2022

I don’t think Rishi intended people to bag a Bounce Back Loan and use it to boost their pension pot, which the business owner in today’s case did, the upshot being she is now starting a 5 year disqualification. […]