April 2023 - Page 26 of 27 - Mr Bounce Back - Bounce Back Loan News - Updates

Just a 7 Year Ban for a Company Director Who Didn’t Produce Accounting Records to the Liquidator to Allow Them to Work Out Where His Company’s £49,973 Lloyds Bank Bounce Back Loan Went

April 3, 2023

This is the tale behind one of the huge number of Lloyds Bank issued Bounce Back Loans that have turned sour. For everything highlighted the Company Director is now beginning a 7 year ban. […]

With No Accounting Records to Work Out Where a £45k Barclays Bounce Back Loan Went After Being Withdrawn in Cash, a Company Director is Given an 8 Year Ban

April 3, 2023

For the reasons outlined in this case, we will never know where this £45k Barclays Bounce Back Loan went. […]

11 Year Ban for Over-Egging His Company’s Turnover to Blag a £50k Barclays Bounce Back Loan, Not Using it for the Benefit of His Business and Leaving it Unpaid at Liquidation

April 2, 2023

If you got a Bounce Back Loan and did anything wrong when applying for it or when spending it, similar to the things the Company Director named in this case did, and take the insolvency route then you will end up with a ban, for the Insolvency Practitioner is legally obliged to forensically check every aspect of the BBL. […]

Over-Egging Her Business Turnover to Bag a Barclays Bounce Back Loan Nearly Four Times the Amount Her Company Was Entitled to Leads to a Company Director Getting a 10 Year Disqualification

April 2, 2023

Here is another case of over-egging turnover to blag a BBL, taking the insolvency route then being slapped with a long disqualification. […]

For Spending His Company’s Lloyds Bank Bounce Back Loan Obtained by Over-Egging Its Turnover at Shops Such as Next and Sharps Bedrooms a Company Director Gets a 10 Year Disqualification

April 2, 2023

Here are the reasons the Company Director named is now starting a 10 year ban for Bounce Back Loan wrongdoing. […]