November 2023 - Page 14 of 19 - Mr Bounce Back - Bounce Back Loan News - Updates

Disgracefully, Ombudsman Paul Cooper Decides Its Perfectly Fine and Dandy for NatWest to Demand a Repayment Plan On a Defaulted BBL Given to a Gentleman With ADHD and Autism Who Is Clearly Vulnerable – Lets Hope He Knows About the “Defaulter Discount” and Offers 1p

November 8, 2023

If you do not know about the BBL Defaulter Discount have a look around the website, the information is all there, and as a Sole Trader […]

Customer Complains Co-Op Bank Logged a CIFAS Marker For Defaulting on a £50k BBL, Turns Out He Over-Egged His Turnover, the Business Wasn’t Trading, He Submitted Dormant Accounts, Transferred the Money to Himself and Bought Stuff for Another Company

November 8, 2023

I think Paul the Ombudsman when deciding on the outcome of this case was choking on his coffee once he heard from The Co-Op Bank on their side of the story. […]

BBL “Bounty Hunters” Not Willing to Go After a Turnover Over-Egging Company Director and as Such the Liquidator Decides He Will Not Pursue the Matter, the Secretary of State, Kemi Badenoch, Agrees to Give the Director a 10 Year Ban as Punishment

November 8, 2023

Here are the details of this case and what the Liquidator has said about it. The upshot of the over-egging of turnover to blag a BBL was a 10 year Director ban. […]

Director Admits His Company Turnover for 2019 was £60,692.07 and Not the £210,000 Figure He Put On His Starling Bank BBL Application Form and as Such After Not Paying it Back He Is Hit with an 8 Year Ban

November 8, 2023

Here are the details of this case involving a Starling Bank Bounce Back Loan acquired by over-egging turnover. […]

Gravesend Based Director Slapped with a 10 Year Ban for Over-Egging His Company’s Turnover to Blag a £50k Bounce Back Loan from Barclays Leaving the Entire Amount Left Unpaid

November 8, 2023

Here are the details of yet another Barclays Bounce Back Loan that wasn’t repaid with the Director of the Company that over-egged his business turnover to secure that BBL being given a 10 year ban. […]