The Disqualification Files

In this section of the website you will discover over 2840 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

Insolvency Service Decide a 10 Year Disqualification is Suitable Punishment for a Company Director Who Over-Estimated Her Estimated Turnover to Get a £50k BBL When Only Entitled to a £27k BBL

September 7, 2022

Once again, the Insolvency Service have given out a long disqualification, in this case a 10 year one, to a Company Director who over-estimated her estimated Company turnover, even though she was allowed to estimate her turnover, to bag a bigger Bounce Back Loan than eligible for. […]

The Disqualification Files

Company Director Uses a Lloyds Bank Bounce Back Loan to Pay Off a Personal Loan Against Her Property and Gets a 7 Year Disqualification for Leaving the BBL Unpaid at Liquidation

September 7, 2022

Bagging a BBL then getting a BBL top up and using it to pay off a personal loan taken out against her home was never a good idea, much more so when the BBL was never repaid, Having admitted such to the Liquidator, this Company Director is now starting a 7-year disqualification as punishment.   […]

The Disqualification Files

Using Over £40k of a £50k Lloyds Bank Bounce Back Loan for Personal Benefit and Leaving it Owing at Liquidation of His Company Results in a 6 Year Disqualification

September 7, 2022

No wonder Lloyds Bank are now admitting that they suspect a huge number of their Bounce Back Loan recipients blagged a BBL off them or suspect them of some other form of wrongdoing, when you read through this case, in which one of their customers has just received a 6-year disqualification. […]