BBL Freedom

The Letter You Will Get If Your Lender Has Either Asked for the Guarantee to be Removed from Your BBL or the Government Yanks It From the Lender for Dodgy Goings-On, and What the Lender Will Do to Get Their Money Back from You With the Help of Law Firm TLT

What happens to such loans, well once the Guarantee has been removed, the Lender will then have to write to you with what is known as Notice of Assignment a copy of which is below, and will then be faced with either trying to chase you personally for the BBL debt still outstanding, in some instances very aggressively, or write the BBL off. […]

2026

Take a Look at How the Public Sector Fraud Authority Intend to Punish Anyone, Including BBL Blaggers Using Civil Penalty Powers – Early Indicators Are That BBL Blagging Will be Deemed to be a Low Level Fraud with Minimal Penalties – Expected to Go Live On or After the 22nd of May 2026

Have a good read through of the following document, as it is going to give you an insight into how the Public Sector Fraud Authority are proposing to classify fraud and the punishments doled out to for example Bounce Back Loan Blaggers and/or Covid Business Grant blaggers. […]

 BBL Legal Advice
BBL Freedom

What to do if Your Bounce Back Loan Mischief, Skulduggery or Even a Simple Mistake When Applying for it Comes Back to Haunt You in 2026 – Plus Dates and Schedules for BBL Enforcement Action and Write-Offs Coming This Year

Laws have been introduced, investigations carried out and enforcement teams have been assembled and for a lot of people, that niggling thought that sneaks up on them when they least expect it, that being their long defaulted Bounce Back Loan, and why Lenders have gone quiet and what are the Government planning, is going to rear its ugly head again at some point this year with something of a bang. For others however their BBL journey will come to an end this year, with their Bounce Back Loans officially being written off for good.
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