Koichi and Eiichi are two brothers, who were separated after the suicide of their father and the collapse of his business.
He said the debts had built up following the collapse of his business.
In recent years, they said, he endured a stormy divorce, the collapse of his business, the loss of his home and alcoholism.
In response, Kevin Maxwell said he regretted "profoundly the impact on all those affected by the collapse of my father's business."
The court heard that Mote had claimed housing and council tax benefits between 1991 and 1993 following the collapse of his business.
The collapse of their business would have left a scattered yet cohesive group in the areas where Cagots are known.
They refused further loans, which directly led to the collapse of McNamara's entire business.
Mart had cleaned up plenty, though, with the collapse of Knightson's business, for he had known that it was coming.
Mr. Russell said his client was a "sick man" who needed psychiatric help, devastated by the collapse of his business and his pending divorce.
The Norwich bank, however, escaped significant damage to its business and reputation from the collapse of the cousins' business.