Faced with being banned as a Company Director, hit with a Bankruptcy Restrictions Order as a Sole Trader or in extreme cases with the risk of being jailed and with the very real threat of a Compensation Order hanging above the heads of those accused of Bounce Back Loan related wrongdoing, many people can and do hit rock bottom, much more so when they feel strongly and know they didn’t do anything wrong, but no one seems to be listening to them.
In this section of the website you will find details of some of the many cases that were finally dropped by investigators and prosecutors when those accused managed to get their side of the story out. Doing so though takes time and courage, things which sadly some people who have been battered down mentally by those investigators no longer posses.
Read some of the real life cases below to get an insight into what people have had to go through, sometimes for years when accused of wrongdoing, but were finally cleared and the cases against them finally dropped.
Other have had their Bounce Back Loan debts written off when bugs, defects and errors were discovered on Lenders Online BBL Application Forms, which ignored boxes ticked and questions answered, it’s a real-life living nightmare for those involved.
I must warn you, some of what you are about to read is shocking, such as bank staff telling or encouraging people to apply for a BBL when those very bank staff knew they were not eligible, which in one case in particular could have seen someone being jailed, if the bank staff had not been exposed for what they did.
