Todays News

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Premium Content

2 x 11 Year and a 9 Year Disqualification Handed Out to Three Company Directors for Abusing the Bounce Back Loans Scheme and Leaving £145,000 in Total Owning at Liquidation to BBL Lenders

May 3, 2022

Another three Companies have been wound up with Bounce Back Loan wrongdoing having been discovered at liquidation, as you will see in today’s cases, the Directors of those businesses have been hit with long disqualifications for wrongdoing associated with those loans, including over-egging turnover and not being eligible for a BBL in the first place. […]

BBL Legal Advice
Into 2026

22,000 Duplicate Bounce Back Loans Handed Out Mainly Due to the Negligence of HSBC – Some of Them are Covered by the Guarantee, Some are Being Quietly Written Off, However, Some Lenders are Very Vigorously Pursuing Those Debts, Personally Against the Directors Involved

April 30, 2022

As the audits continue of the Bounce Back Loan scheme, and the men and women armed with calculators try and work out just how much fraud has gone on in that loan scheme, and whilst banks and the Government try and work out what fraud is in the first place, some interesting facts and stats are coming to light. […]