The Chasing Game

As you will see by the following facts and figures, the Insolvency Service is somewhat busy working their way through lots of open cases related to BBL and other Covid-19 Financial Support Schemes skulduggery by Company Directors, Sole Traders, and other Individuals. […]

I do get asked by many people why there are so many Company Directors getting long bans and why some do not get slapped with such a ban when winding up their Companies with Bounce Back Loans owing. With that in mind […]

Before he got the boot during Liz Truss’s reign as Prime Minister, Tom Scholar from HM Treasury explained how the Government does not hold BBL loans they just hold guarantees, listen to what he had to say. […]

Ok, this news update is important, and will, I know, only be of interest to a minority of people, but I want you to read and digest the contents, if you have sadly been forced to take the insolvency route with a Bounce Back Loan still owing, and have been told by the Insolvency Service you have committed wrongdoing, such as over-estimating your turnover and are being pursued for disqualification as “punishment”. […]

Many of you may have missed the information below which came to light at the end of last year, which gives an insight into the “tiers” each type of suspected or proven Bounce Back Loan fraud is classified as. […]