The Disqualification Files Archives

Today’s Roll Call of Five Bounce Back Loans That Have Turned Bad and the “Punishment” Handed Out to Recipients of Those Loans

June 25, 2022

Whilst most people who sadly have to default on their Bounce Back Loan having not being able to repay them will see them written off as a credit loss, others who got one or more of those loans and used the funds against the terms […]

Another Eight Bounce Back Loans Valued at £331,500 Go Bad With One Sole Trader Blagging Three BBLs Worth £124,500 When Only Eligible for One – Turns Out He Over-Egged His Turnover and Did Not Use the Funds to Help His Business

June 22, 2022

The guarantee claims on Bounce Back Loans are being put in by lenders at a growing pace, and today another eight of those loans have turned bad, with the recipients of them being slapped by the Insolvency Service for all manner of wrongdoing, here are those cases. […]

3 Year Disqualification for Director who Left a Bounce Back Loan Still Owing at Liquidation Who Failed to Register for VAT

June 16, 2022

Another day, and another two Bounce Back Loans are left unpaid, one of those cases in today’s update saw a Director hit with a 3-year ban for failing to register for VAT. […]

Three More Bounce Back Loans Totalling £100k Including One From Barclays and One From Santander Turn Sour with 4, 6 and 7-Year Bans Handed Out

June 16, 2022

Over-egging turnover and using funds from Bounce Back Loans for personal benefit are some of the reasons the following business owners have been slapped with long disqualifications after they took the bankruptcy/insolvency route leaving those BBL’s left unpaid. […]

3 Years 6 Months Disqualification Handed to a Company Director For a Whole Host of Wrongdoing Including Failing to Deliver Accounting Books to Help the Liquidator Work Out Where a £15k Santander Bounce Back Loan Went

June 15, 2022

Compared to some of the disqualifications handed out for Bounce Back Loan wrongdoing, the 3 years and 6 month one in today’s case is quite lenient. […]