Can anyone explain exaxtly what's happening,

I am a simple soul who has a pot of money (less than 10% of my assets) that I was comfortable spending and for the last 5 to 10 years I hoped to get a better return than the about 1 - 1.5% available via normal savings accounts.  I should add that I knew P2P accounts were risky and I knew about 1 - 2 years ago that FS were in real trouble, not because I am wise or business educated  but because I do have common sense.
I only have about .75%  of that money still stuck in FS and I'm still stuck with various Zombie loans.  All the same the money I do still have "invested" in FS Zombie loans I am loath to lose.

There are so many views posted about the administration of FS and I find it quite confusing. So much so that I think inertia is a viable alternative for a few weeks before I make firm decisions.
I'm looking forward to seeing just one or two threads suggesting what the various alternatives are available (perhaps about Christmas time) when things have settled down a bit and we have a lot more information.

Can I also say that I'm pleased that some loans are now being classed as defaulted ie the Powerboat loan that should have been defaulted a few years ago in my view.