What can I do? Is it just money?

This is a story of my friend whoc confided in me :

I made a mistake 10 years ago. If I could turn back time I would do things differently, but I would have not learnt or done more positive stuff if I had not made the mistake. What can I do? I do notwant to grow old living to regret my mistake, I have been positive to right the wrongs I have done. Things just not to be moving as I had expected. Is it because of luck? What else can I do?

10 years ago I decided to go into a business venture with 2 friends, or I would think so that time. IS it me or is it me just trying to blame anotehr party for the mistake I made? The business failed, at one time we were having a turnover of RM2.0mil per month, but then things start to fall apart, we were not prudent in spendings, fail to manage the cashflow and let the clients dictate our income, made silly consensus to loan money for unjustified investments for partners.

The whole thing crumbled, I was getting legal letters everyday from banks, suppliers, subcontractors, some not so established vendors resort to the money collection agencies profesional help. Needless to say that gave me hell. They go to my house and harrassed my family. I was not married that time, I had to move to a rental apartment where nobody knew, not even my family.

The whole drama lasted for almost 2 years, 1 year I was busy trying to revive the business and was not getting paid, the other year i decided to try out other industry, I even went to sell house and time share. That did not ended well.

All this time, I only found comfort in family and a few friends, and my pet cat. My cat was with me all the way, did not protest nor complain, supporting me all the way.

Now I am back into the job market, earning a good wage, trying to start fresh, 5 years has passed since the last money collector came to my house. I am still being sued, I have tried to negotiate with the creditors but they insist I pay the full sum, money I do not have. I can't move if I do not pay, but I do not have the money.

What can I do? Am I trying to hard to justify my problem or is it just money?"