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. […]

Month: September 2023

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

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

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

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

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

Here is the Official Announcement from HM Government and Some Words from the Covid Corruption Commissioner About the “Bounce Back Loan Voluntary Repayment Scheme” (BBL Summer of Love – BBL Winter of Regret) Which is Now Live – Don’t Miss Your Chance to Get Off the BBL Naughty List