In 2000 I changed jobs, and in 2001 I was struggling financially.
My bank (LLoyds TSB) offered me a credit card, loan and overdraft.
In short over a period of time I ran up an overdraft of £6000,
defaulted on the loan
and ran the credit card to max.
I buried my head in the sand and they obtained a CCJ for a total of £16k, which was the loan, overdraft and charges.
They also obtained a second CCJ for the credit card, but I negotiated and paid this back over 6 years.
They then obtained a charge (restriction ) on the family home which is jointly owned by me and my wife (the debts are all in my name), despite me explaining I was not the sole owner.
Since then I have not paid a penny and the debt has been waiting for the house to be sold (it wont be we will die here!) to be satisfied.
I have recently complained to the FOS about the tactics of Lloyds/TSB (rolling two debts into one, excessive charges when asked to freeze etc) but they will not look at it as it is over 6 years old.
I really want to get the restriction lifted so we can settle the mortgage and be clear, could I claim irresponsible lending?