Christopher Andersen
Written By Chris Andersen
Director & Licensed Insolvency Practitioner
July 11th, 2023

If you’re a company director who took a bounce back loan during COVID-19 and is now concerned about how you’re going to repay it, you’re not alone. The National Audit Office predicts default of up to £26bn.

So you’re not alone and there are clear protocols about what you can do, should you feel the repayment burden is unachievable. Contact us at any time to speak with an informed expert, and understand your options, without obligation.

Or you can reach more on the specifics below.

Can I Liquidate with a Bounce Back Loan?

Do you want to close your company, but have a bounce back loan? This article will explain if you can do that, and what the implications are.

Personal Liability & Bounce Back Loans

Is there I chance I could be held personaly liable if my company defaults on a bounce back loan, or enters liquidation.