The Disqualification Files Archives

Lloyds Bank Bounce Back Loan Goes Bad as Co Directors Hit With 6 Year Disqualifications for Failing to Use it for the Economic Benefit of the Business

April 12, 2022

Two 6-Year Disqualifications handed out to Company Directors regarding a Lloyds Bank BBL which was not used for the economic benefit of their business. […]

Six More Bounce Back Loans Go Bad Including Three to One Person Who Wasn’t Even Entitled to Them – Total Lost On Them All Is £259,000

April 11, 2022

Four more people have been slapped by the Insolvency Service for wrongdoing with a Bounce Back Loan, as you will discover in the cases outlined below, including one person who got a 10 year BRO for bagging three BBLs worth £130,000 went not entitled to them. […]

Three More Insolvency Service Slapping’s Handed Out to Sole Traders for Various Wrongdoing Associated with Bounce Back Loans Totalling Some £125,250

April 9, 2022

Over-egging turnover, gambling away a Bounce Back Loan and using a Bounce Back Loan for personal benefit are some of the reasons the following people have just been slapped by the Insolvency Service. […]

Sticking Two Fingers up to the Insolvency Service and Refusing to Cooperate and Explain Amongst Other Things Where His £50k BBL Went Lands Company Director with a 9 Year Disqualification

April 7, 2022

Another day passes and another Bounce Back Loan turns sour, this case ultimately saw the Company Director that took out a £50k BBL being slapped with a 9 year disqualification. For details of over 400 […]

Over-Egging Turnover To Bag a £50k Barclays Bounce Back Loan When Only Eligible for a Much Lower Value BBL and Failing To Explain Where It Went Lands Company Director with an 8 Year Disqualification

April 5, 2022

Having heard one of the bosses at Barclays saying she knows many of her BBL customers over-egged their turnover, but if they make repayments that is not fraud, this Company Director could be kicking himself for not making repayments on his BBL, for taking the Insolvency route has just landed him with an 8-year disqualification. You can find more about that over-egging turnover statement from […]