2022 - Page 95 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

3 Year 6 Month Disqualification for Company Director Who Used a Bounce Back Loan to the Detriment of Creditors When She Should Have Known the Company was Insolvent

April 26, 2022

Another £50,000 Bounce Back Loan has gone sour with the bank, as sure as night follows day, putting in a claim on their guarantee. Here are the details of that case along with the reasons for that disqualification. […]

HSBC Approved a Customer’s Bounce Back Loan Then Decline It Cruelly Stating He Had the “Wrong Type of Account” Ombudsman Does Not Uphold the Complaint Even Though He States the Initially Approved BBL Probably Caused Subsequent Declines

April 25, 2022

This is a shocking case, for as you will see an HSBC customer was initially approved a Bounce Back Loan but then it was declined, an Ombudsman does not uphold the complaint or allow compensation stating that the customer had a few weeks to apply elsewhere before the scheme ended. When no bank in the scheme was accepting new customers, this outcome could lead many people to suspect that Ben the Ombudsman does not have any first-hand experience of the way the BBL scheme was run. […]

Lloyds Bank Snatch Back a Customers Bounce Back Loan and Doesn’t Agree with an FOS Case Handlers Compensation Ruling, an Ombudsman Steps in and Decides Not to Uphold the Complaint

April 24, 2022

Another rather complicated Bounce Back Loan related complaint for you to get your head around today, this one saw an initial compensation ruling being given by a Financial Ombudsman Service case handler however the bank and customer are not happy so a real Ombudsman has to step in. […]

Lord Agnew Proven Right As Its Discovered One Person Did Use a Bounce Back Loan to Purchase High Value Vehicles But Then Sold Them and Used the Funds for Personal Use Getting a 4 Year Bankruptcy Restrictions Order for Their Cheek

April 23, 2022

Two more cases of Bounce Back Loan wrongdoing for you to peruse today, one involving a £50k BBL that was secured by misrepresentation and saw a 4-year BRO being handed a 5 year BRO handed out to someone else for all manner of wrongdoing involving a BBL. […]

5 Year 6 Month Disqualification for Using an HSBC Bounce Back Loan for Personal Benefit

April 22, 2022

Another £27.5k and one more Bounce Back Loan has been added to my BBL Tracker that is keeping score of those who have received a slap for what is deemed to be “wrongdoing” with a Bounce Back Loan, and today’s case looks at a Company Director that was found to have used an HSBC BBL for personal benefit and received a 5 year and 6-month disqualification at liquidation. […]