BBL Health Check
Did You Apply For a Bounce Back Loan for a Dormant Company?
Did you apply for a Bounce Back Loan for a Dormant Company? […]
Month: May 2023
The Disqualification Files
Not Supplying Accounting Records Leaving a Liquidator Unable to Work Out Whether a NatWest BBL Was Legit a Company Director is Given a 6 Year Ban, Another Anomaly Due to The Late Queen Enabling BBLs by Signing into Law the Business and Planning Act 2020
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The Disqualification Files
Starling Bank Customer Who Was Permitted to Estimate His Turnover to Get a £50k BBL is Given a 10 Year Ban for Overstating That Estimated Turnover, Her Late Majesty Who Before She Died Backdated a Law to Make Such Incidents Possible Must be Spinning in Her Grave
Here is another case which has just seen a Company Director being given a 10 year ban for over-estimating his estimated turnover. […]
BBL Complaints and Outcomes
Starling Close a Customer’s Account, Send Him a Cheque for the Balance, Cancel the Cheque and Use it to Repay a BBL They Subsequently Default Him On, the Ombudsman Says Have £100 Compensation for the Cheque Incident But As for the Default, That’s Their Right
Despite a plea by the affected customer to be allowed to repay his BBL as per the original terms, Starling Bank want their money back, from him or the Government guarantee and the Ombudsman agrees with the bank. […]
BBL Complaints and Outcomes
Man Complains That His Wife Applied for a Bounce Back Loan Using His Bank Account, She Sadly Died Shortly Afterwards, the Ombudsman Decides Lloyds Bank Should Reduce the BBL Debt by Half
A rather unusual and tragic BBL related case here, which ultimately saw the Ombudsman telling Lloyds Bank to reduce the BBL debt by half. […]