The Disqualification Files – Page 42 – Mr Bounce Back – Bounce Back Loan News – Updates

Liquidator Spots a Company Wasn’t Trading When It Applied for and Got a £50,000 Bounce Back Loan from Starling Bank and Therefore Wasn’t Eligible for the BBL Resulting in an 11 Year Ban for the Director

November 27, 2023

Here are the details of another wayward Starling Bank Bounce Back Loan, the Director named is today starting an 11 year ban for the reasons outlined. […]

For Blagging Two HSBC Bounce Back Loans, One for a Company That Was Dormant and Not Eligible and The Other By Over-Egging Company Turnover, Buying a Car, Transferring BBL Funds to a Connected Company and Herself, a Company Director is Today Starting an 8 Year Ban

November 24, 2023

This case involves two HSBC £50K Bounce Back Loans, and here are the reasons why the Director named is today starting an 8 year ban. […]

Leicester Based Director of a Taxi Company Over-Egged His Company Turnover to Blag a £50k Bounce Back Loan, Then Transferred the Money To a Connected Company and Applied for and Got the Company Dissolved, He Is Today Starting an 11 Year Ban – New Law Also Means He Could Be Jailed

November 24, 2023

Here are the details of this case involving a £50k BBL. For details of why others who have also done a similar thing have been given jail or suspended jail sentences in court […]

Liquidator Instructs Chadwick Lawrence Solicitors to Personally Pursue a Warrington Based Company Director Who is Today Starting an 11 Year Ban for Blagging a £50,000 Bounce Back Loan from Barclays Bank

November 23, 2023

Have a read of what the Director named in this case did that warranted an 11 year ban and also read why the Liquidator has instructed solicitors to go after the Director personally for the funds blagged from Barclays via a Bounce Back Loan. […]

Director Based in Slough Given a 9 Year Ban Which Starts Today for Over-Egging His Company Turnover to Blag a £40,000 Bounce Back Loan From NatWest

November 23, 2023

Here are the finer details of this case and for reference, the Liquidator says they are still trying to work out if they are going to pursue the Director named personally for the funds owed. […]

For Claiming His Company Turnover Was £200,000 to Get a £50k Bounce Back Loan From Barclays When That Turnover Was Actually £132,390, a Company Director Get Slapped with a 10 Year Ban

November 23, 2023

Here is yet another case of over-egging turnover to obtain a Barclays Bounce Back Loan and a look at why the Director ended u with a 10 year ban. […]

Oldbury Based Company Director Could Now Be Facing Jail for Blagging a BBL and Signing a DS01 Not Long After His BBL Application and After Transferring the BBL Funds Out of His Business Account, He Is Also Today Starting an 11 Year Ban

November 22, 2023

Based on many previous cases that go before a court, if the Insolvency Service decide to prosecute the Company Director named, if he did not alert his BBL Lender he was putting in an Application to Strike Off a Company’ Notice (DS01) at Companies House, then he could be jailed. They may not do so though if it is not in the Public Interest. […]

Heathfield Director Possibly Celebrating His Modest 6 Year Ban Given to Him for Using His Company’s Barclays Bounce Back Loan for Personal Benefit and Trading to the Detriment of HMRC – Liquidator Happy to Accept £10,000 To Settle the £275,709.03 He Owes

November 22, 2023

Here are the details of this case along with what the Liquidator has said and agreed to. […]

Hartlepool Based Director Slapped with a 10 Year Ban As He Over-Egged His Turnover to Get a £20,000 Santander Bounce Back Loan Then Transferred the Money To Himself, Leaving It Unpaid at Liquidation – The Bank Did Manage to Snatch Back £36.20!

November 22, 2023

Here are the finer details of the following case involving a Santander Bounce Back Loan, which resulted in a 10 year ban for the Company Director named. […]

Barclays Secure a High Court Winding Up Order Against a Company Due to Its Director Submitting Dormant Accounts, Proving That Business Was Not Eligible for the £50k Bounce Back Loan It Got – The Director, Over a Year Later, Has Been Given a 10 Year Ban and The BBL Bounty Hunters are Circling

November 21, 2023

Here are the details of one of the 120 or so Companies that have been wound up due to Barclays sussing the Director blagged a BBL from them. Many more Companies are about to be taken to the High Court by Barclays. […]