September 2023 - Page 11 of 17 - Mr Bounce Back - Bounce Back Loan News - Updates

Having Blagged Two BBLs One From Lloyds and One From Virgin Money (Previously Yorkshire and Clydesdale Banks) For His Single Company, A Company Director is Given a 12 Year Ban

September 13, 2023

This is the tale of two Bounce Back Loans a Director never repaid and his resulting 12 year Director Disqualification. […]

11 Year Ban For Director Who Failed to Explain How He Estimated His Business Turnover to Get a £50k BBL (Then Transferred to Himself and His Ex-Wife), After Barclays Secured a High Court Winding Up Order against His Company for Not Repaying His BBL

September 13, 2023

Here is another case in which Barclays went to the High Court to secure a winding up order against a Company they felt had blagged them out of a Bounce Back Loan. […]

For Paying Off Two Personal Loans Using His Company Starling Bank Bounce Back Loan Obtained by Over-Egging Its Turnover, When It Was In Fact a Dormant Company, a Director is Slapped with an 11 Year Ban

September 13, 2023

Here is the background to the case of BBL wrongdoing that led to the 11 year ban. […]

For Getting a Bounce Back Loan from Starling Bank in Nov 2020 for Their Business Incorporated in Feb 2020 But That Didn’t Start Trading Until June 2020 Three Co-Directors Are Hit with 9 Year Bans

September 13, 2023

Here is another case in which the Insolvency Service have taken a hard-line approach against three Company Directors, hitting each of them with a 9 year ban, for the reasons outlined regarding a Bounce Back Loan. […]

Having Over-Egged His Turnover to Blag a £50K Bounce Back Loan From Santander When Only Entitled to a £9,264 BBL and Leaving it Unpaid at Liquidation a Director is Today Starting an 11 Year Ban

September 12, 2023

Here is the background story that led to the 12 year ban the Director named is starting today. […]