The Disqualification Files

£50k Barclays Bounce Back Loan Goes Bad with Company Director Hit with a 9 Year Disqualification for BBL Related Wrongdoing

I have been told some interesting figures will be released this month by the British Business Bank which will shine a light on individual BBL lenders regarding the performance of their approved and gone sour Bounce Back Loans. Today however, here is another case in which a company director has been hit with a 9-year disqualification for BBL wrongdoing. […]

The Disqualification Files

Over-Egging Turnover and Using Most of a £36k Yorkshire Bank Bounce Back Loan for Personal Benefit Lands Company Director with a 7 Year Disqualification

Some business owners could estimate their turnover to get a Bounce Back Loan, but not the one in today’s case that had been trading for decades. Over-egging the turnover and using most of a BBL for personal benefit and leaving it owning at liquidation has seen him just receiving a 7-year disqualification. […]

 BBL Legal Advice
BBL Complaints and Outcomes

Sole Trader Applied for a Feeder Account in July 2020 with HSBC By the Day of the Scheme Ending March 31st, 2021, They Hadn’t Processed It So He Missed Out – Ombudsman Awards Him £500 Compensation As He Says Having Looked At His Tax Return, He Didn’t Qualify for a £50k BBL Anyway

The title of this BBL related complaint gives you an idea of what the case revolves around, perhaps the applicant made a mistake or could have applied elsewhere for a BBL if HSBC had done things on time, who knows, anyway have a read, and see what you think about it. […]