Never in my wildest dreams did I ever expect to be responsible for £1,000,000 of unsecured debt and even now I find it beyond belief so much borrowing could be acquired by just one individual. Initially, I could not comprehend there was to be no way in which to repay it and despite a reasonable understanding of the financial world, it's taken me a long time to accept a sum of this enormity is simply beyond us. Now the penny has dropped for me, I am faced with the unsavoury task of trying to convince the unlistening banks they too must accept this unfortunate situation.
Despite the Bank of Scotland and Lloyds TSB being informed or our dire financial circumstances by the CAB at precisely the same time as our other creditors, these two banks have chosen to react in a completely different way to the way in which their more compassionate competitors did. Although one might have thought they would wish to halt the expensive administrative onslaught they have launched on us once notified of our insolvency, if only for the sake of their share holders, it seems the Bank of Scotland and Lloyds have instead embraced a "persecute the vulnerable for persecutions sake" policy instead of one of logic and understanding.
Having written to the Chief Executives of every lender in pursuit of us over the past two years to be met only with sympathy and good sense I can only conclude, in the case of Eric Daniels and his successor Antonio Osorio Horta C.E.O. of Lloyds TSB and Bank of Scotland, either a decision has been made to punish, bully and torment those who have an inability to pay or these CEO's have been too busy spending their sizable remuneration packages to worry whether their staff have instructed debt collectors to torment the less fortunate purely for sport.