Bouncing Back
Bouncing Back Episode Seven – “If They Are Only Enforcing BBL Debts in Extenuating Circumstances Why Have So Many Directors Been Banned?”
Bouncing Back Episode Seven – “If they are only enforcing […]
Month: April 2023
BBL Complaints and Outcomes
Customer Complains Santander Snatched His BBL Back After Questioning His Turnover Figure, Ombudsman Doesn’t Uphold the Complaint and Says The Bank Showed Me Something Which Proves They Are Right But I Can’t Tell You What It Was
I will leave it to your imagination as to what the Bank showed the Ombudsman in this case, but it swayed them to toss out the complaint. […]
BBL Complaints and Outcomes
Director Complains HSBC Demanded Her Company’s BBL Back and Snatched Money Out of Her Business Account to Repay the BBL and Closed the Account After Her Business Secured a CBILs – Ombudsman Says They Can Do That
As you will see in this case, the Ombudsman sides with the bank. […]
The Disqualification Files
Having Placed His Business in a Creditors Voluntary Liquidation Leaving a £50k Santander Bounce Back Loan Unpaid and then Found to Have Over-Egged His Turnover to Blag that BBL a Company Director Gets an 11 Year Ban
This is the story that led to the Company Director named getting an 11 year ban for getting a £50k Santander BBL by over-egging his Company turnover. […]
The Disqualification Files
Another Lenient 6 Year Ban Given to a Company Director for Not Supplying Accounting Records to Prove Where a Barclays £50k Bounce Back Loan Went, Which Was Left Unpaid at the Liquidation of His Business
The Company Director named in this case would have got a much longer disqualification had he supplied accounting records which proved he misused a BBL, however he didn’t supply any records so no one knows whether he did or not misuse it, and as such got a 6 Year ban instead. […]