When Bounce Back Loan disputes spiral out of control, forced liquidation can spell the end for businesses.
This category dives deep into the gut-wrenching process of companies being dismantled, assets sold off, and entrepreneurial dreams crushed.
Explore the causes, consequences, and potential ways to navigate or avoid this devastating outcome for BBL borrowers.
Barclays restarts High Court wind-ups after a two-year break, targeting companies with suspect Bounce Back Loans using advanced tax and turnover analysis. […]
Sarah Munby Permanent Under-Secretary of State for the Department of Business, Energy and Industrial Strategy Confirms a New “Involuntary Liquidation” Pilot Scheme has been commissioned and is proving successful. […]
Uncover the full list of companies Barclays forced into liquidation and the sums Lord Agnew’s debt collectors extracted from their directors for Bounce Back Loan defaults. […]
Directors with defaulted Bounce Back Loans are warned to prepare, as High Court wind-ups and aggressive bounty hunters loom. […]
A High Court judge mandates liquidation of two firms that fraudulently obtained £100,000 in Bounce Back Loans and £1.5M from the Future Fund. […]
Uncover the red flags lenders use to target defaulting Bounce Back Loan companies for High Court wind-ups, with real cases and their fallout revealed. […]
Diversity data reveals surnames like Ali, Khan, and Doal dominate Bounce Back Loan misconduct cases, sparking debate over bias or coincidence. […]
Save Consultants Ltd, an unlicensed Manchester firm, is closed by the High Court for tricking directors into dodging Bounce Back Loan repayments. […]
Starling and Lloyds Bank target more companies with High Court wind-ups for Bounce Back Loan fraud—check if your firm is on the growing list! […]
Lloyds Bank, alongside Starling, escalates High Court wind-ups against companies, using shared solicitors to tackle Bounce Back Loan fraud. […]
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