The Disqualification Files

With No Accounting Records Supplied to the Liquidator It Was Not Possible to Determine Whether a Company Director Was Guilty of Any Bounce Back Loan Wrongdoing So He Gets a Reduced 6 Year Ban

Here is another case that saw a Company Director getting a much reduced disqualification, than he would have done if he had supplied accounting records that have proven he had committed Bounce Back Loan wrongdoing, as such he got a 6 year ban which could have easily been double that length of ban if he had supplied those records and they proved wrongdoing. […]

The Disqualification Files

After Working Out a Company Was Not Trading When It Secured a Santander Bounce Back Loan by Checking Its Bank Account, Whether It Was Paying Business Rates and the Lease of the Business Premises, a Director is Given a 10 Year Ban for BBL Wrongdoing

Here is another Company Director who effectively handed himself on a plate to the powers that be for Bounce Back Loan wrongdoing by taking the Insolvency route, to which he is now starting a 10 year disqualification. […]

The Disqualification Files

10 Year Ban for Getting a Barclays Bounce Back Loan of £50k By Over-Egging His Company’s Turnover When Only Entitled to a BBL Valued at a Tad Under £10k and Leaving it Owing at Liquidation

I remember one of the bosses at Barclays saying she suspects around 6% of her BBL customers over-egged their turnover, and the chap named below who got one of those loans from them certainly did, and has been given a 10 year ban for the wrongdoing highlighted.  […]

The Disqualification Files

Read the Testimony of Someone Who Purchased a Rolex Watch, Travelled and Gambled and Misused a Bounce Back Loan Who Has Just Been Given a 7 Year Bankruptcy Restrictions Order. Plus, Three Other People In a Similar Situation

Below is today’s rollcall of people who have just been given Bankruptcy Restrictions Orders for Bounce Back Loan wrongdoing, including the testimony of one chap who admitted to not using his BBL for the benefit of his business. […]

The Disqualification Files

With No Accounting Records Supplied to the Liquidator That Could Have Explained Where a £50k Bounce Back Loan Went, a Company Director is Given a 6 Year Disqualification

This case is a prime example of the often much lower length of disqualification handed out when a Company takes the Insolvency route with a BBL owing when no accounting records are supplied, than the length of disqualifications given out when such records are supplied but prove BBL wrongdoing. […]