April 2023 – Page 2 – Mr Bounce Back – Bounce Back Loan News – Updates

Another Bounce Back Loan Bad Boy Sentenced, This Time By Willesden Magistrates Court to Six Months in Prison Suspended for 18 Months

April 28, 2023

They are coming thick and fast now these cases, and this one revolves around a Stanmore consultancy boss who claimed £25,000 before closing the business in effort to avoid repaying taxpayer loan. A London businessman […]

Bouncing Back Episode 14: “How many people over-egged their turnover to get a Bounce Back Loan?”

April 28, 2023

This is Episode Fourteen in a series of new webcasts in which I will answer, in around 60 seconds or so, some of the most asked individual BBL related questions to my Helpline. If you […]

For Becoming Director of a Dormant Company, Enduring the Starling Bank BBL Waiting List Then Finally Blagging a £25K BBL From Them Having Not Traded and Using It for Personal Spending a Director is Given a 10 Year

April 28, 2023

You have to give this Company Director 10/10 for cheek and endurance, this is what he got up to that resulted in a 10 year disqualification. […]

A Quick Check of this Company Director’s Business Bank Account Revealed to the Liquidator He Not Only Over-Egged His Turnover to Blag a £45k BBL from Barclays But Did Not Use the Money for His Business and Gets an 11 Year Ban

April 28, 2023

The is the tale that led to a Barclays BBL going missing and the 11 year Director ban that was forthcoming. Barclay’s do claim quick as a flash on the guarantee, so they won’t be upset about the money as they will have had it back. […]

As Santander Continue to Snoop Into Customer Accounts to Determine Any BBL Skulduggery, One of their Customers Has Just Been Hit with a 10 Year Ban for Turnover Over-Egging and Transferring His Company’s BBL To Himself

April 28, 2023

Out of all the major lenders, Santander are proving to be relentless when it comes to them going on the hunt for any customers that blagged a BBL from them, this Company Director did just that and in now starting a 10 year ban. […]

For Bagging a Bounce Back Loan from NatWest Three Times Higher Than the Amount He Was Eligible For By Over-Egging His Business Turnover a Director is Hit with a 6 Year Ban

April 28, 2023

This is one of the much more lenient Company Director Disqualifications of just 6 years, but then again all he did was over-egg his turnover and leave it unpaid. […]

Having Blagged a £50k BBL From NatWest By Estimating His Business Turnover Was £225,000 When It Was in Fact Just £30 and Therefore Not Eligible For a BBL, a Company Director is Slapped with an 11 Year Ban

April 28, 2023

The Secretary of State decided an 11 year ban was the suitable punishment for this Company Director blagging a BBL when his actual turnover figure meant he wasn’t eligible for one in the first place. […]

6 Year Disqualification for Director Who Left Liquidators Unsure Whether the Funds Obtained from a £25k BBL Were Used for the Benefit of His Company and Where the Money From a Toyota SG Cruiser Sold in Romania Went

April 28, 2023

This now missing Bounce Back Loan was approved and paid out by Lloyds Bank. […]

Bouncing Back Episode 13 – “The British Business Bank Confirm We Do Not Expect Lenders to Take Enforcement Action or Start Pushing for Insolvency Due to Someone Missing Their BBL Payments”

April 27, 2023

This is Episode Thirteen in a series of new webcasts in which I will answer, in around 60 seconds or so, some of the most asked individual BBL related questions to my Helpline. If you […]

Despite Very Clearly and in Big the Santander Website Saying “Estimates Can Be Used” the Ombudsman Tosses Out a Complaint That Bank Demanded Back a Customer’s BBL Back for Using an Estimate – “You Should Have Read the Small Print”

April 27, 2023

Unlike some banks that have said they will look the other way and allow those to repay a Bounce Back Loan as per the original loan agreement if it is later discovered they over-estimated their turnover due to the confusion about that aspect of the BBL Scheme, Santander appear to not be taking that approach. […]

Month: April 2023

Another Bounce Back Loan Bad Boy Sentenced, This Time By Willesden Magistrates Court to Six Months in Prison Suspended for 18 Months

Bouncing Back Episode 14: “How many people over-egged their turnover to get a Bounce Back Loan?”

For Becoming Director of a Dormant Company, Enduring the Starling Bank BBL Waiting List Then Finally Blagging a £25K BBL From Them Having Not Traded and Using It for Personal Spending a Director is Given a 10 Year

A Quick Check of this Company Director’s Business Bank Account Revealed to the Liquidator He Not Only Over-Egged His Turnover to Blag a £45k BBL from Barclays But Did Not Use the Money for His Business and Gets an 11 Year Ban

As Santander Continue to Snoop Into Customer Accounts to Determine Any BBL Skulduggery, One of their Customers Has Just Been Hit with a 10 Year Ban for Turnover Over-Egging and Transferring His Company’s BBL To Himself

For Bagging a Bounce Back Loan from NatWest Three Times Higher Than the Amount He Was Eligible For By Over-Egging His Business Turnover a Director is Hit with a 6 Year Ban

Having Blagged a £50k BBL From NatWest By Estimating His Business Turnover Was £225,000 When It Was in Fact Just £30 and Therefore Not Eligible For a BBL, a Company Director is Slapped with an 11 Year Ban

6 Year Disqualification for Director Who Left Liquidators Unsure Whether the Funds Obtained from a £25k BBL Were Used for the Benefit of His Company and Where the Money From a Toyota SG Cruiser Sold in Romania Went

Bouncing Back Episode 13 – “The British Business Bank Confirm We Do Not Expect Lenders to Take Enforcement Action or Start Pushing for Insolvency Due to Someone Missing Their BBL Payments”

Despite Very Clearly and in Big the Santander Website Saying “Estimates Can Be Used” the Ombudsman Tosses Out a Complaint That Bank Demanded Back a Customer’s BBL Back for Using an Estimate – “You Should Have Read the Small Print”

Subscriber Special – Step By Step Guide to Getting the Maximum Bounce Back Loan Defaulter Discount – You Could, Like 10,000s of Others, Pay Just Pennies in the Pound and Have the Rest Written Off Legally and Legitimately By the Lender with No Further Action