This article proposes a generalization of the Oppenheimer-Snyder model which describes a bouncing compact object. The corrections responsible for the bounce are parameterized in a general way so as to remain agnostic about the specific mechanism of singularity resolution at play. It thus develops an effective theory based on a thin shell approach, inferring generic properties of such a UV complete gravitational collapse. The main result comes in the form of a strong constraint applicable to general UV models : if the dynamics of the collapsing star exhibits a bounce, it always occurs below, or at most at the energy threshold of horizon formation, so that only an instantaneous trapping horizon may be formed while a trapped region never forms. This conclusion relies solely on i) the assumption of continuity of the induced metric across the time-like surface of the star and ii) the assumption of a classical Schwarzschild geometry describing the (vacuum) exterior of the star. In particular, it is completely independent of the choice of corrections inside the star which leads to singularityresolution. The present model provides thus a general framework to discuss bouncing compact objects, for which the interior geometry is modeled either by a classical or a quantum bounce. In the latter case, our no-go result regarding the formation of trapped region suggests that additional structure, such as the formation of an inner horizon, is needed to build consistent models of matter collapse describing black-to-white hole bounces. Indeed, such additional structure is needed to keep quantum gravity effects confined to the high curvature regime, in the deep interior region, providing thus a new challenge for current constructions of quantum black-to-white hole bounce models. 4 In this model, the authors use the light-like version of the junction conditions discussed in Ref. [82]. 5 See Ref.[91] for a similar model.