May 2023 - Page 14 of 17 - Mr Bounce Back - Bounce Back Loan News - Updates

Transferring Funds from a Bounce Back Loan to Himself and a Connected Party Which Were Not for the Benefit of His Company Results in a Company Director Getting a 5 Year Disqualification

May 9, 2023

These are the circumstances that led to the Company Director named being slapped with a 5 year ban. […]

Applying for a Bounce Back Loan When Her Company Had No Chance of Repaying It, Was Insolvent and She Had Taken the Decision to Place It Into a Creditors Voluntary Liquidation Lands a Company Director with a 6 Year Ban

May 9, 2023

This is the story that led to a Company Director being given a 6 year ban. […]

Here is One of the Companies That Barclays Recently Got Wound Up in the High Court with the Help of the “Bounty Hunting” Firm Lord Agnew has Become the Face Of

May 8, 2023

You can read more about what Barclays are up to with their Court action on the links below, and I suspect this is one of the many cases that the “Bounty Hunting” Firm Lord Agnew has teamed up with helped the bank get to the court. […]

Another £50k Santander Bounce Back Loan Goes to the BBL Graveyard as the Bank Submits its Guarantee Claim and a Director Gets a 10 Year Ban for Over-Egging His Turnover to Get That Loan

May 8, 2023

I do hope you are having an enjoyable Coronation Bank Holiday weekend, here is another case of a wayward Bounce Back Loan which the bank will probably have had back by now via the guarantee, the Director named is starting a 10 year ban for his wrongdoing. […]

For Applying for and Getting a Barclays Bounce Back Loan When His Business Was Insolvent With No Chance of Repaying it, and Then Transferring Funds to a Family Member a Company Director is Given a 6 Year Ban

May 6, 2023

The Director in the case also said his pub had to stop trading in March 2020 due to the Pandemic, but opened up again in August, but it turned out those were free taster sessions with no income earned. […]