Public Accounts Committee’s Sixth Report Notes BBL Lenders Lack Incentive to Chase Defaulters, Leading to Lax Pursuit
Summer of Love
Finally, the Public Sector Fraud Authority Confirms Dispatch of Bounce Back Loan Recovery Notices Under the (as I have called it) BBL Summer of Love – BBL Winter of Regret Campaign
The PSFA has confirmed sending out letters demanding repayment of defaulted BBLs as part of their intensified initiative. Borrowers facing recovery actions should prepare for negotiations or disputes. This marks a shift toward aggressive enforcement in the post-pandemic era. […]
Special Reports
Uncovered – The List of “Signs” Insolvency Practitioners Must Identify and Report as Potential Misuses of the Bounce Back Loan Scheme
Revealed: the key signs insolvency practitioners must report as potential Bounce Back Loan misuses, aiding fraud detection during liquidations. […]
Special Reports
Bobby Davro Faces Default on £49,112.63 NatWest Bounce Back Loan
Comedian Bobby Davro grapples with a defaulted £49,112.63 Bounce Back Loan from NatWest, spotlighting his financial struggles. […]