BBL Legal Advice
Egg on Their Faces

Insolvency Service Forced to Drop All Bounce Back Loan Fraud Allegations Against a Company Director After Shocking Bank Blunder Exposed

If you find yourself being accused of over-egging your turnover to get a BBL, and like the person in the following case, were told to use a different turnover figure than the 2019 calendar year figure by a member of staff at your bank, make sure you get good legal representation, read on for the shocking details of this case. […]

Planning Ahead

The PSFA are Currently Chasing “Blaggers” Who Got Multiple BBL’s, However, I Can Reveal that the Government, Due to the Complexities of the Interpretation of the Word “Group” in the Guarantee Agreement Which was Causing Confusion to Lenders (and Applicants) They Amended Their Guidance to Lenders Weeks After the Scheme Launched,

Whilst I am sure the Government wouldn’t be so evil as to go after those in a Partnership, LTD Company Directors and Sole Traders who innocently got one BBL for each of their multiple companies or businesses, it is best that you are armed with the facts if they do, and with that in mind here is a document that has never been revealed before to anyone bar the Government and BBL Lenders, which could and would have stopped people, from making an innocent mistake. […]