Tungsten West, After Securing Large HMRC State Aid, Provides Liz Truss with a Generous “Donation in Kind”
Recovery Action 3
Warning Issued – Set Up An Affordable Repayment Plan ASAP If You Over-Egged Your Turnover (Either by Mistake or Otherwise) to Get a BBL as You Have One Final Window of Opportunity to do the Right Thing Before No Nonsense Recovery Action Begins
Businesses that overstated their turnover—whether intentionally or by error—to secure a Bounce Back Loan are urged to establish an affordable repayment plan immediately. With a final, limited opportunity to rectify their situation, failure to act promptly could trigger aggressive recovery measures by lenders or the Insolvency Service, potentially leading to director disqualifications or legal action.
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Special Reports
Bouncing Back Ep. 5: Does Bounce Back Loan Debt Pursuit End After 12 Months?
Episode 5 verifies whether lenders cease chasing Bounce Back Loan defaulters after 12 months […]
Special Reports
Rishi Sunak Dismisses Unsupported SMEs and BBL Borrowers, Claiming Excluded Businesses Likely Weren’t Conservative Voters
Rishi Sunak mocks SMEs left without aid, saying excluded firms “weren’t Conservatives anyway.” We slam his dismissive attitude. […]