January 2023 - Page 7 of 14 - Mr Bounce Back - Bounce Back Loan News - Updates

A 4 and a Half Year and a 6 Year Disqualification For Not Supplying Any Company Accounting Records to Allow the Liquidator to Work Out Where Two Bounce Back Loans Went

January 10, 2023

Seems like people have cottoned on to the fact that an often much shorter disqualification will be given to them if they do not provide any accounting records when liquidating their Company, than the length of ban they would be slapped with if such records prove Bounce Back Loan wrongdoing. […]

Director Slapped with an 11 Year Ban for Over-Egging His Company’s Turnover by a Huge Amount to Allow Him to Secure a £50k Bounce Back Loan from Lloyds Bank

January 10, 2023

Having over-egged his turnover by over £150k to blag a BBL out of Lloyds Bank and leaving it owing at liquidation the Director named below has just been given an 11 year ban. […]

Company Director Admits His Company Did Not Have Any Income and Therefore by Claiming Its Turnover was £210k to Get a Bounce Back Loan from Starling Bank He Is Hit with an 8 Year Ban

January 10, 2023

Here is the tale of how a £50k Starling Bank Bounce Back Loan ended up being sent for the Government Guarantee. […]

Car Dealer Given a 9 Year Ban for Not Paying Those He Sold Cars on Behalf Of and Also Not Repaying a Bounce Back Loan After Securing a CBILS Loan

January 10, 2023

If you got a CBILS loan having already got a Bounce Back Loan, you were obliged to repay the BBL, that however is something this Car Dealer did not do and as such he has been slapped with a 9 year ban. […]

Not Repaying Their Bounce Back Loan After Receiving a CBILS as Required to by the Rules of those Two Schemes Sees Co-Directors Given a 7 Year and 6 Year Disqualification

January 10, 2023

I am seeing an increase in cases like the following one, involving wrongdoing with both a Bounce Back Loan and a CBILS, for reference, for the listed wrongdoing the Co-Directors named are now starting a 7 year and 6 year disqualification. […]