The Disqualification Files Archives

7 Year Ban for Business Owner Who Over-Egged Turnover to Get a Bounce Back Loan and Spent Most of It Gambling and a 9 Year Ban for Another Who Bagged Two BBLs That He Was Not Entitled To Part of Which Were Used for Personal Benefit

March 30, 2022

The following two cases sees my BBL defaults tracker shoot past the 400 mark, that tracker lists those who have been found to have done some form of wrongdoing related to a Bounce Back Loan and have been slapped with a disqualification/ban/bankruptcy restrictions order. […]

HSBC Lose Another Bounce Back Loan as Company Director is Hit With a 7 Year Disqualification for Over-Egging Turnover and Using Half of it for Personal Benefit

March 30, 2022

This case involves £25k Bounce Back Loan paid out by HSBC, which as you will see, resulted in a 7 Year Disqualification. […]

6 Year Disqualification for Company Director Who Took Out a £50k BBL and Made Payments Benefitting Himself or a Connected Company When He Should Have Known or Knew the Company Was Insolvent

March 30, 2022

There is no let up regarding the number of Company Directors being hit with disqualifications when they have been found to have done some form of wrongdoing with a BBL and here is another case which resulted in a 6-year disqualification. […]

A 9 Year Disqualification for Over-Egging Turnover to Get a £50k Metro Bank Bounce Back Loan and Using £49k of it for Personal Benefit

March 29, 2022

Another day and another Metro Bank Bounce Back Loan has turned sour, and as you will see in today’s case, a 9 year disqualification was deemed suitable punishment for a Company Direct that over-egged their business turnover to get a BBL and then spent most of it on personal benefit. […]

Company Director Slapped with a 6 Year Disqualification for Using a Bounce Back Loan for Personal Benefit When They Should Have Known or Knew the Business Was Insolvent

March 28, 2022

A £50,000 Bounce Back Loan surrounds this case, which saw a Company Director hit with a 6-year disqualification for wrongdoing with that loan, including using it for personal benefit at a time they should have known or possibly knew the business was insolvent. […]