Can't Pay Bounce Back Loan

Can't Pay Bounce Back Loan?

We help companies with Bounce Back, Furlough + CBILS solutions

Are you a vulnerable company director or business owner struggling with:

...repayment of Bounce Back or CBILS loans?

...adjusting to the Furlough scheme?

...insolvency?

If so, it’s essential that you talk with an independent professional advisor immediately. Here's why…

The information you disclose may be used to bring misfeasance or Director Disqualification Proceedings against you. You could face prosecution, and be banned from managing companies for up to 15 years if found guilty.

Call 020 7504 1300 today for a free Bounce Back assessment to evaluate your circumstances...

Listen to the audio clip below for more information on Bounce Back Loans...

Request call back

*Please note that we will not share your details with any third parties.

Bounce Back Loan support

Support for furlough, Coronavirus Interruption (CBILS) + Bounce Back Loans...

To help struggling small-to-medium enterprises (SMEs) during the Covid-19 pandemic, in 2020 the Government launched a series of finance-based initiatives including the:

Bounce Back Loan (BBL)

Coronavirus Job Retention (Furlough)

Coronavirus Business Interruption (CBILS)

Around £40bn of BBL loans were approved. But a countless number of businesses still expired, and many others have been forced into insolvency.

Naturally, directors and owners feel defenceless, mainly because so few understand the powerful insolvency legislation at their disposal.

If your company is struggling or insolvent, speak with a independent professional who can:

Advise you on Bounce Back Loan repayments

Help you to understand your options

Recommend a licensed insolvency practitioner

Act on your behalf to steer the course of events

Before you select an IP

Lawyers are useful but expensive, and in most cases they may refer you to an insolvency practitioner (IP) if your company is insolvent. Before seeking either legal representation or advice from an IP, you should carefully consider the 3 statements below:

IPs are licensed and regulated to protect the rights of creditors (the businesses you owe) in insolvency procedures
Creditors are the IP's main concern in statutory insolvency procedures
IPs and lawyers earn by realising the assets of insolvent companies (and their directors if necessary)

Why choose Insolvency & Law

Insolvency & Law was founded in 2009 to provide beleaguered business owners with bespoke company director services.

Since then we've learned a lot about the laws and regulatory framework surrounding debt, companies, and insolvency in England and Wales.

Our professional independent advisors can help you navigate insolvency, business rescue, and debt-related issues, irrespective of your circumstance. You may take the information we share to represent yourself, or we can act on your behalf to:

Form a tailor-made strategy to help protect your assets, and rescue your business

Liaise with your insolvency practitioner (IP)

Achieve favourable results in statutory insolvency procedures

Bounce Back Loan support

Support for furlough, Coronavirus Interruption (CBILS) + Bounce Back Loans...

To help struggling small-to-medium enterprises (SMEs) during the Covid-19 pandemic, in 2020 the Government launched a series of finance-based initiatives including the:

Bounce Back Loan (BBL)

Coronavirus Job Retention (Furlough)

Coronavirus Business Interruption (CBILS)

Around £40bn of BBL loans were approved. But a countless number of businesses still expired, and many others have been forced into insolvency.

Naturally, directors and owners feel defenceless, mainly because so few understand the powerful insolvency legislation at their disposal.

If your company is struggling or insolvent, speak with a independent professional who can:

Advise you on Bounce Back Loan repayments

Help you to understand your options

Recommend a licensed insolvency practitioner

Act on your behalf to steer the course of events

Before you select an IP

IPs are licensed and regulated to protect the rights of creditors (the businesses you owe) in insolvency procedures
Creditors are the IP's main concern in statutory insolvency procedures
IPs and lawyers earn by realising the assets of insolvent companies (and their directors if necessary)

Why choose Insolvency & Law

Insolvency & Law was founded in 2009 to provide beleaguered business owners with bespoke company director services.

Since then we've learned a lot about the laws and regulatory framework surrounding debt, companies, and insolvency in England and Wales.

Form a tailor-made strategy to help protect your assets, and rescue your business

Liaise with your insolvency practitioner (IP)

Achieve favourable results in statutory insolvency procedures

CALL 020 7504 1300

Office

Insolvency & Law Limited
78 York Street, London, W1H 1DP
Telephone +44(0)20 7504 1300
info@insolvencyandlaw.co.uk / www.insolvencyandlaw.co.uk
Company registered in England and Wales. Company Number 6841774

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For the avoidance of doubt, we do not conduct litigation and we are not solicitors or licensed insolvency practitioners.
Neither do we engage in any legal or financial regulated services or other regulated activities.