The Disqualification Files

In this section of the website you will discover over 2700 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

NatWest and Lloyds Kiss Goodbye to £100K of Bounce Back Loans as Two More Directors Take the Insolvency Route and Get Slapped with a 4 Year and 7 Year Disqualification

February 12, 2022

Having tracked hundreds of Bounce Back Loans that have gone sour due to company directors and the occasional sole trader taking the Insolvency/Bankruptcy route with one or more of those loans owing, there will always be a disqualification or BRO handed out to those who have been up to mischief when that “wrongdoing” is uncovered. Here are a couple of new cases that have just come to light regarding such. […]

The Disqualification Files

Another Company Director Hit with a 9 Year Disqualification As Insolvency Service Determines He Had Over-Egged His Turnover to Bag a £30k BBL and Used Most It For Personal Benefit

February 10, 2022

It must have dawned on Rishi Sunak by now that his Bounce Back Loan scheme is imploding, with over 100,000 of those loans being in arrears and over 37,000 of them being in default, and those figures are rising quite noticeably. Here is another case involving BBL wrongdoing which saw a Company Director hit with a 9-year […]

The Disqualification Files

Insolvency Service Claim Company Director Over-Egged Business Turnover Figure to Get a £50K Barclays Bounce Back Loan and Spent a Chunk of it Paying His Personal Credit Card Bill So Slap Him with a 6 Year Disqualification at Insolvency

February 8, 2022

A Barclays Bank issued Bounce Back Loan is what today’s case revolves around, a large chuck of which the Insolvency Service claim was spent on paying a Company Director’s  personal credit card bill off with, that along with them saying he also over-egged his turnover resulted in a 6 year disqualification. […]