Fireside Chat – Mr Bounce Back – Bounce Back Loan Complaints and Scandals

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[ June 4, 2023 ] 6 Year Ban For Not Using His Company’s HSBC Bounce Back Loan for the Benefit of His Business and Trading to the Detriment of HMRC The Disqualification Files
[ June 4, 2023 ] Having Not Supplied Any Accounting Records a Company Director Gets a 6 Year Ban With Questions Left Unanswered as to What His Company’s Bounce Back Loan Was Spent On The Disqualification Files
[ June 4, 2023 ] A Very Modest 5 Year Disqualification Handed Out to a Company Director for Not Using Most of His Company’s Bounce Back Loan for the Benefit of His Business The Disqualification Files
[ June 4, 2023 ] After Bagging a Bounce Back Loan From Santander and Transferring it to Herself and Not Providing Any Records at Liquidation to Prove the Funds Were Used for the Benefit of Her Business, a Director Gets Slapped with a 7 Year Ban The Disqualification Files
[ June 4, 2023 ] A 6 Year Ban Handed Out to a Company Director Who Didn’t Hand Over Any Accounting Records Leaving the Liquidator Unsure as to Where a £40k Lloyds Bank Bounce Back Loan Went The Disqualification Files
[ June 4, 2023 ] Trading to the Detriment of HMRC and Leaving a Bounce Back Loan Owing Sees a Company Director Being Given a 5 Year Ban The Disqualification Files
[ June 3, 2023 ] Ashton-Under-Lyne and Poole Based Individuals Slapped with 7 Year and 3 Year Bankruptcy Restrictions Orders and a Bilston Based Company Director Hit with an 11 Year Ban for Bounce Back Loan Skulduggery The Disqualification Files
[ June 2, 2023 ] Barclays Offer to Write Off a Bounce Back Loan (The Amount They Didn’t Manage to Snatch Back Out of a Customer’s Account They Reviewed and Decided His Business Wasn’t Ineligible For) the Ombudsman Says They Can Do That and You Are Not Having the BBL Back BBL Complaints and Outcomes
[ June 2, 2023 ] Over-Egging His Company’s Turnover to Get a Santander Bounce Back Loan and Explaining He Used Most of Those Funds for Personal Needs and Not for the Benefit of His Business During the Pandemic Results in a Director Getting a 9 Year Ban The Disqualification Files
[ June 2, 2023 ] Company Director Who Chanced His Arm Applying for Two Bounce Back Loans for His Single Company from HSBC and NatWest, and Succeeded in Getting Them Both, is Today Starting an 11 Year Ban The Disqualification Files
[ June 2, 2023 ] For Over-Egging His Company’s Turnover Over and Above the Additional 25% of the Permitted 25% Turnover Figure That the Powers That Be Will Turn a Blind Eye to, to Get a BBL, and Transferring a Chunk of the BBL to a Friend/Family Member a Director is Slapped with an 11 Year Ban The Disqualification Files
[ June 2, 2023 ] Barclays Get the High Court to Wind Up Another Company That Didn’t Repay a Bounce Back Loan With Its Director Getting an 11 Year Ban After She Admitted It Never Had Any Turnover, Despite Claiming on the BBL Application Form Its Turnover was £198,000 The Disqualification Files
[ June 1, 2023 ] If You Heard Me on the Jeremy Vine Show Today Talking About Bounce Back Loans and Want to Access the Bounce Back Loan Helpline or the Rules About Arrears, Defaults and Everything Else Read On Popular
[ June 1, 2023 ] Two Years After Putting in a BBL Application an HSBC Customer Complains the Bank Cancelled His Application and He Missed Out on Getting One, 11 Months Later the Ombudsman Finally Says The Banks Offer of £150 Compensation is Fair BBL Complaints and Outcomes
[ June 1, 2023 ] For Over-Egging Her Business Turnover to Get a £50k Barclays Bounce Back Loan Then Approving Accounts with a Much Lower Figure, a Company Director is Today Starting a 9 Year Ban The Disqualification Files

June 4, 2023

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