Help Line FAQ’s – Mr Bounce Back – Bounce Back Loan Complaints and Scandals

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[ September 29, 2022 ] A Starling Bank Employee’s Lies Led to a Customer Missing Out on Being Able to Apply for a Bounce Back Loan the Ombudsman Awards a Paltry £50 in Compensation BBL Complaints and Outcomes
[ September 29, 2022 ] Having Used £24k of a £40k NatWest Bounce Back Loan for Personal Benefit and Leaving That Loan and a Big HMRC Bill Unpaid at Liquidation Sees Another Company Direct Being Given a 6 Year Disqualification The Disqualification Files
[ September 28, 2022 ] 10 Year Disqualification for Company Director Who Got a £50k Barclays Bounce Back Loan Then Made Cash Withdrawals and Also Spent Money from that BBL at Restaurants, Shops, Supermarkets and Hotels The Disqualification Files
[ September 28, 2022 ] Business Owner Gets a £50k Bounce Back Loan Off Both Barclays and NatWest for His One Single Company and Gets a 12 Year Disqualification for His Wrongdoing and Only He Knows Where the Money Went The Disqualification Files
[ September 28, 2022 ] Matching 6 Year Disqualifications For Company Directors Who Got a £250k CBILS But Failed to Use Those Funds to Repay a £50k Bounce Back Loan The Disqualification Files
[ September 27, 2022 ] Obtaining a £50k Barclays Bounce Back Loan By Over-Egging Turnover When Only Eligible for a BBL of a Tad Over £6k and Not Using it For the Benefit of His Business Sees Director Slapped with an 11 Year Disqualification The Disqualification Files
[ September 27, 2022 ] 9 Year Disqualification for Over-Egging His Company’s Turnover to Get a Barclays Bounce Back Loan Which Was Left Unpaid at Liquidation The Disqualification Files
[ September 27, 2022 ] By Not Providing Any Evidence That a Vast Proportion of His Company’s Barclays Bounce Back Loan Transferred Out Of Its Bank Account was Used for the Benefit of the Business Results in a Director Hit with a 6 Year Disqualification The Disqualification Files
[ September 26, 2022 ] Company Director Given an 11 Year Disqualification for Claiming the Turnover Declared to Bag a £50k TSB Bounce Back Loan Was for “Protected Sales” When He Needed to Use His Actual (Much Lower) Turnover Figure and Not Explaining What it Was Used For The Disqualification Files
[ September 26, 2022 ] By Not Proving Payments Made to His Personal Bank Account from a Santander Bounce Back Loan in His Business Account Were for the Benefit of His Business and Leaving that BBL Left Unpaid Sees a Company Director Given a 6 Year Ban The Disqualification Files
[ September 26, 2022 ] Starling Bank Bounce Back Loan Left Unpaid with Company Director Slapped with a 5 Year Ban for Giving That Loan to Himself and Leaving it Unpaid at Liquidation The Disqualification Files
[ September 26, 2022 ] Having Taken Out a Barclays £20k Bounce Back Loan Then Giving It To Himself as a Loan a Few Days Later and Leaving Most of It Owing at Liquidation Results in a 6 Year Disqualification The Disqualification Files
[ September 24, 2022 ] Recruitment Firm Awarded Over £1.3m to Supply Eight Criminal Investigators to Investigate Fraudulent Claims for Bounce Back Loans / Dissolved Company Offences Todays News
[ September 24, 2022 ] After Ulster Bank Lied to a Business Owner Telling Him An Account had been Opened for His Business When It Wasn’t Resulting in Him Not Being Able to Apply for a Bounce Back Loan the Ombudsman Decides £350 Is Suitable Compensation BBL Complaints and Outcomes
[ September 24, 2022 ] Ombudsman Decides Lloyds Bank Did Fairly Decline a Business Owners Bounce Back Loan Application But Awards Him £100 Compensation for Causing Him Distress and Inconvenience BBL Complaints and Outcomes

September 29, 2022

At What Point Will a Bounce Back Loan Lender Give Up Trying to Recover a BBL?

September 15, 2022

Today I present to you the words of, and correspondence from Sarah Munby the Permanent Secretary for the Department for Business, Energy and Industrial Strategy ( BEIS ) who explains why a Bounce Back Loan Lender should NOT “chase” you for more than 12 months at most if you do not repay your BBL. […]