The Disqualification Files Archives

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

November 19, 2022

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. […]

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

November 17, 2022

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. […]

Co-Directors Slapped with Very Modest 4 Year Disqualifications for Wrongdoing Associated with a Barclays Bounce Back Loan and Trading to the Detriment of HMRC

November 17, 2022

Having seen some much longer disqualifications handed out recently for similar wrongdoing, the two Directors named below have received extremely lenient disqualifications for the amongst other things, using BBL funds to pay off their personal credit card debts. […]

Erroneously Over-Egging Her Business Turnover to Get a Much Higher Barclays Bounce Back Loan Than Her Business Was Entitled to Leads to a 6 Year Disqualification

November 17, 2022

Not the longest disqualification handed out by any stretch of the imagination for BBL wrongdoing, however the Company Director named below has been given a 6 year ban for over-egging her projected turnover, even though she confirmed it was an error. […]

7 Year Disqualification for Failing to Inform His Bounce Back Loan Lender He Had Applied for a Dissolution of His Company and Using the BBL for Personal Benefit

November 17, 2022

Now that the Insolvency Service have had success in taking a Company Director to court and getting them successfully prosecuted, the Director below was lucky to get hit with just a 7 year ban for the wrongdoing listed below regarding his BBL and the dissolution of his Company. […]