The Disqualification Files

In this section of the website you will discover over 2400 defaulted Bounce Back Loans, along with the Company and Directors / Sole Traders names, all of whom received some form of punishment (also revealed) as it was found each of them had abused the BBL scheme in one way or another. Grab a coffee, but please do not choke on it, as you read them, for some of the BBL associated skulduggery is quite shocking.

The Disqualification Files

Metro Bank Lose Another Bounce Back Loan As a Company Director Takes the Insolvency Route But Is Hit With a 6 Year Disqualification for Not Maintaining/Preserving Adequate Records To Show What It Was Used For

March 10, 2022

Here is another Bounce Back Loan issued by Metro Bank that has gone sour, worth a whopping £48,900 the Liquidator couldn’t work out where the money went or what it was spent on due to the reasons laid out, and as such the Insolvency Service has slapped the Company Director with a 6-year disqualification. Mr Matthew  […]

The Disqualification Files

Failing to Use a £50k NatWest Bounce Back Loan for the Economic Benefit of His Company Sees Company Director Hit with a 7 Year Disqualification at Insolvency

March 1, 2022

The total number of BBLs that have turned sour is increasing daily, in fact recent figures show that some 500 BBLs per day are going into arrears. Today’s case is another one involving a NatWest BBL and a Company Director who ended up with a 7-year disqualification for wrongdoing with his loan. […]