
Defaulting Bounce Back Loan Directors Risk High Court Wind-Ups and Pursuit by Agressive “Bounty Hunters” Who Get a Cut of the Money They Recover

A Plymouth director who used dormant accounts to secure a £50,000 Barclays Bounce Back Loan settled for £18,000 after a liquidator eyed his properties, facing an 11-year ban. Read more. […]
Bounce Back Loan funds misused for personal assets have led to directors facing bans. […]
Christian Jamie Lee Clayton, director of Onlineboss Limited, has been banned for 12 years for inflating turnover to secure a Barclays Bounce Back Loan. Barclays pursued the case in the High Court despite no recovery by debt collectors. […]
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