BBL Compensation – Mr Bounce Back – Bounce Back Loan Complaints

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[ November 30, 2021 ] Failing to Maintain and/or Deliver to the Liquidator Adequate Accounting Records to Prove Whether a Bounce Back Loan Was Used for the Benefit of a Business and Where Other Funds Went Lands Company Director with a 7 Year Disqualification The Disqualification Files
[ November 29, 2021 ] A Total of 65 People Have So Far Been Arrested for Alleged Government Backed Loan Fraud / Local Authority Grant Fraud with the Government Having Paid Out the Guarantee to Lenders on 155 BBLs and 113 CBILs “Suspected” Borrower Fraud Cases Premium Content
[ November 29, 2021 ] Settling a Personal Loan with the Proceeds of a Bounce Back Loan Amongst Other Things Leads to the Insolvency Service Handing Out a 7 Year Disqualification to a Company Director The Disqualification Files
[ November 29, 2021 ] Insolvency Practitioner Warns Company Director His Business Appears Insolvent and Not to Do Anything to Worsen Position of Creditors – He Then Proceeds to Obtain a BBL and Uses it for Personal Benefit and Is Hit with a 7 Year Disqualification The Disqualification Files
[ November 28, 2021 ] Just 9 MP’s Turn Up To Debate the Commercial Rent (Coronavirus) Bill – Labour MPs Tell Paul Scully to Amend the BBL Scheme – He Doesn’t Respond and Instead Ends the Debate Rambling on About Peppa Pig Todays News
[ November 27, 2021 ] Company Director Unable to Provide Evidence at Insolvency That Dividends Paid Were Lawfully Declared or From Distributable Profits and Not Just from a Starling Bank BBL Receives 6 Year Disqualification The Disqualification Files
[ November 26, 2021 ] Two More SME’s Hit with 5 and 7 Year BRO’s One for Overstating Turnover When Applying for a Bounce Back Loan and Both of Them for Not Using Those Loans for the Benefit of Their Businesses The Disqualification Files
[ November 26, 2021 ] The True Cost to Business Owners of Rishi Sunak’s Bounce Back Loan Pay As You Grow Options Revealed – A Whopping £420,750,801 In Extra Interest With That Figure Set To Rise Todays News
[ November 26, 2021 ] FOS Report Huge Drop in BBL Related Complaints – But They Are Expecting a Huge Increase Soon Due to SMEs Challenging Their Loans Hence Them Taking on More Staff to Deal with BBL Complaints Back British Business
[ November 26, 2021 ] BEIS Annual Report Confirms Bounce Back Loan Lenders Could Deprive NHS of Up to £92.8m By Keeping Erroneous and Fraudulent BBL Bip Payments Todays News
[ November 25, 2021 ] Bounce Back Loan PAYG Take Up Figures Released Todays News
[ November 25, 2021 ] The Department for Business, Energy and Industrial Strategy (BEIS) Annual Report and Accounts Have Just Been Released – Here Are the Bits Related to Bounce Back Loans Todays News
[ November 25, 2021 ] Another Lloyds Bank and HSBC Bounce Back Loan Turn Sour with some £68,473 Being Added to My BBL Default Tracker and a 6 and 7 Year Disqualification Being Handed Out The Disqualification Files
[ November 25, 2021 ] The Often Bumbling/Befuddled Tom Scholar From HM Treasury Was Once Again Forced To Sit Before The Public Accounts Committee and Answer a Slew of Bounce Back Loan Related Questions. Premium Content
[ November 24, 2021 ] An Eight Week Wait for Barclays to Process a Bounce Back Loan is Worth £200 in Compensation According to Ben the Ombudsman and Not the £1000 a Customer Felt Was Fair BBL Complaints and Outcomes

November 30, 2021

Did You Experience One of the Many Technical Problems with Metro Bank When Applying for a BBL? Make Sure You Claim for Compensation – The FOS Have Agreed Its Due to Some People

November 20, 2021

It is good to see some Financial Ombudsman Service BBL related complaints being properly investigated, and compensation being awarded to those affected by all manner of different problems when they applied for or were trying […]

If You Were One of the 3000+ People Declined a Bounce Back Loan from Starling Bank and It Was Due To a Bad Credit Rating If You Complain There Is a Good Chance You Will Be Compensated

November 19, 2021

I remember that horrendous Friday night way back in the early days of the Bounce Back Loan Scheme when Starling Bank declined en masse 3000+ people for a Bounce Back Loan, I can never forget […]