Month: May 2023

I am sure plenty of additional cases such as this one will soon come to light, as Barclays are taking High Court action against those who blagged a BBL from them, and have 100 such cases already under their belt. […]

As the Company named in this case was incorporated back in 2017 the Director was not permitted to estimate his turnover, and for over-estimating it and transferring the BBL to himself and leaving it unpaid he is now starting an 11 year ban. […]

Having seen how Santander are on the ball regarding the over-egging of turnover I am surprised it took an Insolvency Practitioner to work out that is exactly what the Company Director named in this case did, he is now starting a 10 year disqualification. […]

It has been a while, but here is the latest rollcall of Sole Traders/individuals who have been found to have committed some form of wrongdoing with a BBL and having taken the bankruptcy route have been slapped with Bankruptcy Restrictions Orders. […]

As you will see, they are certainly going after this one-time Company Director for the listed wrongdoing. […]