The Disqualification Files Archives

Co-Directors Slapped with a 10 Year and 7 Year Disqualification for Applying for and Getting a £50k HSBC Bounce Back Loan When Their Company Was Dormant

September 2, 2022

Here are the details of a £50k HSBC Bounce Back Loan that has not been repaid and the punishment handed out to the Co-Directors who blagged their way to getting that loan. […]

Three Sole Traders Hit with Bankruptcy Restriction Orders for Bounce Back Loan Wrongdoing Such as Using Those Loans For Personal Benefit Including One Who Splashed Out on a New Car and Over-Egging Turnover

September 1, 2022

Here is the latest rollcall of three Sole Traders who have been found to have committed some form of wrongdoing with their Bounce Back Loans and have been given Bankruptcy Restriction Orders (BRU’s) as punishment. […]

Over-Egging Turnover and Admitting to Spending Her £45k Barclays Bounce Back Loan on Home Renovations Sees a 10 Year Disqualification Handed Out to a Company Director

August 31, 2022

Having a turnover of £29,113 but claiming it was £180,000 then using a Bounce Back Loan for home maintenance and leaving it unpaid at the liquidation of her Company, resulted in the Director named in this case getting a 10-year disqualification. […]

Applying for and Getting a £50k Santander Bounce Back Loan By Over-Egging Turnover Results in a 5 Year Disqualification for a Company Director

August 31, 2022

Taking the Insolvency route knowing you over-egged the turnover of your business to get a Bounce Back Loan and leaving it unpaid will always results in a long disqualification, unless a sound reason for doing so is presented to the Insolvency Service, the Director named below however is currently starting a 5-year ban as no sound and well-balanced reason was put forth. […]

Admitting He Used Most of His Company’s Yorkshire Bank £28k Bounce Back Loan for Personal Benefit Sees Company Director Given a 5 Year Disqualification

August 31, 2022

There are plenty of Company Directors that are currently waiting to hear their fate, when it comes to wrongdoing associated with a Bounce Back Loan, the one named in this case is starting a 5-year disqualification for using most of his company’s BBL for personal benefit. […]