Year: 2024
Subscriber Special – Leaked Correspondence From Kevin Hollinrake’s Office Proves What We Already Knew, Bounce Back Loan Lenders Can Write Off Bounce Back Loans, Usually After They Claim on the Guarantee, and Allow LTD Companies to Be Struck Off When the Borrower Is Vulnerable
Here is documented proof that BBL Lenders can, although they are not mandated to, write off a Bounce Back Loan then ask the Government to lift the Strike Off Block all Ltd Companies that are heading that way are hit with, if the Lender has confirmed or even just suspects a Borrower is vulnerable. […]
Tamworth Based Director Given a 6 Year Ban Which Starts Today, the 19th of February 2024, for Transferring Funds from His Company’s HSBC Bounce Back Loan to Himself
Here are the details of this case which resulted in a 6 year ban. […]
Subscriber Special – Here Are the Documents Many Bounce Back Loan Lenders Will Request You Fill In When They Want to Mark You As Vulnerable Sole Trader or Ltd Company Director and Tell the Government They Are Not Pursuing You for the BBL Debt, and Often Lift Any Ltd Company Strike Off Blocks
Having had their backsides slapped by the Financial Conduct Authority for not ensuring they treat vulnerable Bounce Back Loan Borrowers sympathetically, and having been told by the Government they should not pursue vulnerable BBL Borrowers if they cannot afford to repay their BBLs, Lenders are doing all they can to make sure they do not fall foul of those requests. […]