Month: July 2023

Whilst the Insolvency Practitioner did manage to secure a payment from the Director of the Company named, it was used to pay his fees and charges and as such nothing went back to the Barclays to repay the BBL, which they will have got back from the British Business Bank by putting in a guarantee claim. […]

The Insolvency Practitioner liquidating the Company named in this case, discovered all manner of wrongdoing after following the money trail, which ultimately resulted in a 10 year ban for the Company Director. […]

Another Barclays Bounce Back Loan has turned sour, and here are the reasons the Company Director named was given a 10 year ban for wrongdoing associated with that BBL. […]

Here is the background of the following case that has resulted in the Director named getting a 6 year ban. […]

Taking the Creditor’s Voluntary Liquidation route with a Company that obtained a BBL by one or more Directors over-egging the turnover of that Company will result in a long disqualification, if it is deemed to be in the public interest, as these Co-Directors discovered. […]

The Company Director named in the following case is today starting a 10 year ban for blagging a BBL from Santander which was never repaid. […]

Here is the tale of yet another wayward £50k NatWest Bounce Back Loan. […]

Here is the background story which ultimately led to the Glasgow based Company Director named being given a 3 year 6 month ban. […]

Having taken the Creditors Voluntary Liquidation with his business, it was soon discovered the Director named in the following case had breached the rules of the CBILs scheme in regard to a BBL he never paid back. […]