Premium Content Archives

Applying for and Getting a £50k Bounce Back Loan from Starling Back for a Dormant Company and Buying a Couple of Cars with the Proceeds and Leaving the BBL Owing at Insolvency Lands Company Director with a 6 Year Disqualification

May 4, 2022

Buying a couple of cars for private not business use using funds from a £50k Starling Bank Bounce Back Loan which were acquired for a dormant company with no turnover, lands Company Director with a 6-year disqualification. […]

Barclay’s Pull the Old “Your Bounce Back Loan is Approved, Here It Is, Then Snatch It Back Days Later” Trick and the Ombudsman Says Nothing to See Here and Does Not Uphold the Complaint

May 3, 2022

Approving then declining someone’s Bounce Back Loan was an evil trick Metro Bank were best famed for, however this case sees Barclay’s also pulling that trick on one of their distraught customers. […]

2 x 11 Year and a 9 Year Disqualification Handed Out to Three Company Directors for Abusing the Bounce Back Loans Scheme and Leaving £145,000 in Total Owning at Liquidation to BBL Lenders

May 3, 2022

Another three Companies have been wound up with Bounce Back Loan wrongdoing having been discovered at liquidation, as you will see in today’s cases, the Directors of those businesses have been hit with long disqualifications for wrongdoing associated with those loans, including over-egging turnover and not being eligible for a BBL in the first place. […]

Guide to Director Disqualifications Including the New Category of “Abuse of the Bounce Back Loan, CBILs and CLBILS Schemes”

May 2, 2022

I have put together this guide to give you an insight as to the reasons a Company Director will be hit with a disqualification and why they will be handed one and the length of the disqualifications that can be given out, including any Company Director found to have abused the Bounce Back Loan and/or the CBILs, CLBILS Schemes. […]

Guide to Bankruptcy and Debt Relief Restrictions Orders and Undertakings Handed Out to Sole Trader and Individuals Including for Wrongdoing Related to Abuse of the Bounce Back Loan Scheme

May 2, 2022

This Guide to Bankruptcy and Debt Relief Restrictions Orders and Undertakings looks at what happens when a Sole Trader or an Individual takes the bankruptcy route, and what can happen if any wrongdoing is discovered including abusing the Bounce Back Loan scheme. […]